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Bitcoin’s Slide Sparks Altcoin Avalanche: PI, Dogecoin, XRP Post Brutal Losses

Bitcoin’s Slide Sparks Altcoin Avalanche: PI, Dogecoin, XRP Post Brutal Losses
The price of Bitcoin continues to decline, reaching a low of $82,201 per coin with a 4.4% decrease in value within 24 hours. Dogecoin (DOGE) experienced the biggest decline among the top ten cryptocurrencies, losing 12.8% of its worth. The market is facing uncertainty due to unclear trade tariffs under the previous US administration and fears of inflation in global economies. Trading volume has increased but largely driven by sell-offs, leading to overall low activity. Binance, OKX, and Crypto.com are the most active platforms for BTC trading. Bitcoin's decline is reminiscent of previous market downturns. Dogecoin, XRP, and other digital assets also experienced significant drops in value during this time.

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