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ETH and SOL Plunge as Crypto Market Cap Dips Following Bitcoin (BTCUSD) Sell-off

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The Story

News Summary

  • Bitcoin's drop below $61,500 has dragged the broader crypto market lower, with Ethereum and Solana suffering double-digit weekly losses.
  • Despite CZ's attempt to calm investor sentiment, technical indicators and current momentum suggest continued selling pressure across major altcoins as they struggle to find support.
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Stored market data

BTCUSD price history

76851.36 +16.65% over the displayed period

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