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⛓️ Crypto🔴 Bearish
Bitcoin slides to $65,000 in weekend sell-off, with solana, XRP, dogecoin down 6%
🤖AI Summary
Bitcoin dropped to $65,000 during weekend trading, erasing most gains from Wednesday's rally toward $70,000. The decline was accompanied by 6% drops in major altcoins including Solana, XRP, and Dogecoin, driven by hot producer price data and Nvidia's post-earnings decline affecting risk assets.
Key Takeaways
- →Bitcoin fell to $65,000, reversing most of Wednesday's momentum toward $70,000.
- →Major altcoins including Solana, XRP, and Dogecoin declined 6% during the sell-off.
- →Hot producer price data contributed to the broader risk asset decline.
- →Nvidia's post-earnings stock decline added pressure to cryptocurrency markets.
- →The weekend timing suggests reduced liquidity may have amplified the selling pressure.
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$BTC$0.0000▲+0.0%
$SOL$0.0000▲+0.0%
$XRP$0.0000▲+0.0%
$DOGE$0.0000▲+0.0%
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