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In the wake of Thursday morning, the crypto market witnesses a notable downturn as major players like Bitcoin and Ethereum, along with the popular memecoin Pepe, display red candlesticks. The cryptocurrency market, which had been riding high waves, experienced a chill following the approval of the Bitcoin Spot ETF. Since the green light, Bitcoin has seen a sharp decline, plummeting from $48,000 to $42,000 in just a week.


Taking a closer look at the current prices:

  • Bitcoin (BTC): The price of Bitcoin (BTC) is down by 0.43%, currently resting at $42,641 in the last 24 hours. The market cap for Bitcoin stands at a substantial $835 billion.
  • Ethereum (ETH): Ethereum is not immune to the market’s dip, with a 1.64% decrease, trading at $2,525 in the last 24 hours. Ethereum’s market cap holds at $308 billion.

MYRO Continues to Surge:

Breaking through the sea of red, the newcomer MYRO token has made a remarkable surge, recording a 41.0% increase in the last 24 hours, reaching $0.1861. The MYRO token’s market cap now stands at an impressive $176 million. Over the last 30 days, MYRO has witnessed an extraordinary surge of +797%.

Crypto-prices
Source: coinmarketcap

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Pepecoin Sinks:

On the flip side, Pepecoin (PEPE) is grappling with a decline, sinking by 3.31% to $0.000001192 in the last 24 hours. The market cap for Pepecoin currently stands at $501 million

Nilesh Hembade
Written by
Nilesh Hembade
Nilesh Hembade is the Founder and Author of Coinsprobe, with 5+ years of experience in cryptocurrency and blockchain. Since launching the platform in 2023, he delivers daily, research-driven insights through market analysis, on-chain data, and technical research. His work has been featured on Binance, Bitget, and CoinMarketCap. He is also certified through Binance Academy (NFT Certificate).
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