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Key supports have broken, increasing downward pressure.
#BTC
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XRP & Dogecoin ETFs approved / about to launch According to major news wires, ETFs backed by these coins via Grayscale Investments are set to go live on the New York Stock Exchange. The Block+1 Takeaway: Institutional access is expanding; long-term structural flows could be affected.$XRP #ETFs
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Major criminal cases involving crypto bring reputational hit A money‐laundering operation of ~€40 m tied to criminal cartels used crypto networks. The Sun A US kidnapping tied to a US$245 m crypto theft has led to indictments. News-Times Takeaway: Regulatory and legal risk remain large; such stories can impact sentiment and regulatory responses.#MarketLiveUpdate
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Bitcoin falls below ~US$82K; large scale liquidations Several outlets say BTC dropped to US $82K amid heavy liquidations (~US$900 m+ in some reports) and extended risk-asset weakness. 99Bitcoins+2The Times of India+2 Takeaway: Downward momentum is accelerating; stop-loss triggers and forced selling may amplify moves.$BTC
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Macro tensions add pressure to crypto sell-off Reports highlight that Bitcoin’s fall from October highs is linked in part to increased trade tensions (e.g., between the US & China), and wider risk-off behavior in markets. euronews+1 Takeaway: Cryptos are being dragged by macro factors, not just crypto-specific issues.$BTC
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Bitcoin logs weakest month since 2022 Market‐watchers are pointing out that the overall crypto market is now facing its sharpest monthly pullback of the year, with total assets slipping back under US $3 trillion. Investing News Network (INN)+1 Takeaway: A broad market decline, not just isolated coins — risk sentiment is deteriorating.$BTC
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