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CryptoUpdated 2h ago

Bitcoin nears $62,000 as crypto market cap falls 4% in 24 hours

Cointelegraph reports Bitcoin near $62,000, its lowest level in four months. The selloff is broader than one coin: global crypto market capitalization fell 4% over 24 hours, to $2.26 trillion, while Ether and Solana posted double-digit weekly losses. The slide is showing up in the market’s total value and in losses across other cryptocurrencies.

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Key Actors

  • Bitcoin
  • Federal Reserve System

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