The cryptocurrency market is witnessing significant volatility, with Bitcoin and Ethereum experiencing price drops. Bitcoin fell 1.00% to below $84,000 before rebounding slightly above $86,000. Ethereum also declined by 1.88%, dipping below $2,800.
In contrast, the SocialFi sector saw a modest increase of 0.83%, with Toncoin rising by 0.67%. Notable gains were observed in PIPPIN, which surged 32.15%, and Fartcoin, which increased by 9.74%. However, both the CeFi and DeFi sectors experienced declines, with CeFi down 1.20% and DeFi falling 1.72%.
Bitcoin and Ethereum Decline Amid Market Volatility
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