Cryptocurrency Prices Drop Amid Profit-Taking and Market Uncertainty
TL;DR Summary
Major cryptocurrencies like Bitcoin, Dogecoin, and Cardano declined up to 5% due to profit-taking and waning momentum, with Bitcoin long-term investors increasing sales since June. Gold prices steadied after a pullback caused by China's end of tax rebates for gold retailers, but remain high for the year. The market shows signs of cautious trading amid macroeconomic factors and geopolitical tensions.
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