📉 Market Overview

The cryptocurrency market is experiencing a downturn today, influenced by global economic uncertainties:

Business Standard

Bitcoin (BTC): Currently trading at approximately $105,291, down 2.87% from the previous close.

Ethereum (ETH): Priced around $2,620.79, marking a 3.81% decrease.

BNB (BNB): Trading at $669.30, down 2.69%.

Analytics Insight

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alphabullion.com

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minotaurforge.com

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XRP (XRP): At $2.19, experiencing a 4.37% drop.

Cardano (ADA): Priced at $0.701, down 6.81%.

🔍 Notable Market Developments

Bitcoin's Decline: BTC has dipped below $107,000, continuing its downward trend amid global economic uncertainties.

ABP Live

XRP Legal Challenges: Ripple's ongoing legal issues with the SEC have led to XRP's price falling below $2.20, its lowest since May 8.

FXEmpire

Shiba Inu (SHIB): Despite significant token inflows, SHIB's price remains between $0.0000132 and $0.0000145, indicating investor caution.

CoinDesk

Hyperliquid Liquidation: A trader on Hyperliquid faced a $100 million liquidation due to a highly leveraged Bitcoin position, highlighting the risks of high leverage in volatile markets.

Decrypt

📈 Top Gainers

Despite the overall market downturn, some cryptocurrencies are showing positive movements:

Dexe (DEXE): Trading at $14.09, up 13.07% after forming a bullish engulfing candle.

FXStreet

SPX6900 (SPX): Holding a 23% weekly gain, currently priced at $1.11.

FXStreet

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thenewscrypto.com

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