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Cryptocurrency Market Update: Bearish Turn with Some Exceptions

The top cryptocurrency prices today saw a bearish turn, with Bitcoin (BTC) managing to sustain above the $69,000 level. Ethereum also saw a slight gain, trading above the $3,400 mark. However, other popular altcoins like XRP, Cardano (ADA), and Solana (SOL) experienced a drop in value.

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Bitcoin Leads the Pack

Bitcoin’s price increased by 0.29% to reach $69,558.21, with a trading volume up by 0.01% to $20.56 billion in the last 24 hours. The cryptocurrency boasted a market capitalization of $1.36 trillion.

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Ethereum and Altcoins Performance

Ethereum’s price gained 0.91% to $3,427.74, with a market valuation of $411.57 billion and a trading volume increase of 3.80% to $9.74 billion. Meanwhile, Binance Coin (BNB) price dipped to $584.27, with a 3.42% drop in 24-hour trade volume to $1.38 billion.

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Altcoin Movements

Solana’s price dropped to $177.03, witnessing a 41.93% decline in trade volume to $1.77 billion in the last 24 hours. XRP maintained the $0.59 level, with a 0.43% drop in price and a 9.66% surge in trading volume to $958.58 million.

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Pepe Coin and Nervos Network Stand Out

Pepe Coin (PEPE)

Pepe Coin (PEPE) rebounded significantly, with its price up by 3.34% to $0.000007329 and a market valuation of $3.07 billion. The 24-hour trade volume for PEPE soared by 60.31% to $519.88 million.

AI legalese decoder can provide insights into the legal aspects of meme coins like Pepe Coin, helping investors navigate potential pitfalls and regulatory challenges.

Nervos Network (CKB)

Nervos Network (CKB) saw a surge of over 6% and was the top gainer in the crypto market today. The CKB price rose by 6.54% to $0.02762, with a trade volume of $297.55 million. The cryptocurrency hit a high of $0.03214 during the rally.

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