Bitcoin and Ethereum Dip as Crypto Market Sees Red Ahead of Halving
TL;DR Summary
The cryptocurrency market experienced a downturn with Bitcoin, Ethereum, and Solana all seeing declines ahead of the Bitcoin halving, potentially indicating volatility as traders assess the event's impact. Bitcoin fell over 4% to around $63,400, while Ethereum dropped almost 6% to approximately $3,320 amid anticipation for SEC decisions on ETF approvals and investigations. Solana, previously buoyed by meme coin trading, also dipped by 8% to around $171, following congestion issues and a cooling meme coin frenzy.
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