Crypto Market Declines as Bearish Clouds Gather

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Crypto Market,Leading Assets,Decline

The values of some leading assets in the crypto market have declined, causing a 7% drop in the global cryptocurrency market capitalization. The price of a coin also experienced a decline before a brief rebound. Despite the price decline, the coin's trading volume increased, suggesting increased selling pressure.

As bearish clouds begin to gather over the crypto market, the values of some leading assets have declined in the past 24 hours. The global cryptocurrency market capitalization plummeted by 7% during the same period. The price of the coin dropped to a low of $67,000, marking a 7% decline, before a brief rebound to $68,500. The number one coin exchanged hands at $67,742 as of this writing, registering an 8% price decline in the past 24 hours.

However, the coin's trading volume rallied by 55%, indicating a heightened selling pressure amid the high market activity

 

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