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Crypto Market Update: Bitcoin Falls, Ripple and Solana Outperform with Weekly Gains

Market Trends

The cryptocurrency market experienced a mixed performance today. Bitcoin (BTC) dipped to $64,443.85, losing 1.98% in the past 24 hours. Ethereum (ETH) also fell by 1.68%, settling at $2,625.80. However, Ripple (XRP) surged by over 5%, driven by positive sentiment and recent legal developments. Meanwhile, Shiba Inu (SHIB) faced a 6.80% drop after a strong weekly rally of 26.05%. Despite these setbacks, certain altcoins like Solana (SOL) and Polkadot (DOT) showed resilience, maintaining gains over the past week. The market remains volatile as investors react to shifting trends.

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