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Digital currency prices fell after strong gains, with Bitcoin price failing to sustain the $76,000 level, falling by around $2,000 and currently trading at $74,000 levels.
The drop follows a rapid rise fueled by hopes of an easing of tensions between the United States and Iran, with Bitcoin rising by more than $5,000 in a short period before facing strong resistance at its recent peak of $76,000.
Despite the decline, the price is still trying to consolidate above $74,000, with market dominance remaining above 57% and a market capitalization of approximately $1.48 trillion.
On the other hand, most alternative currencies turned red, with the price of Ethereum falling to around $2,300, Solana falling to around $83, and currencies such as XRP, BNB, and DOGE also falling to varying degrees.
It is worth noting that after experiencing sharp gains in recent days, the digital currency RAVE continued to rise sharply and hit a record high, entering the list of the 30 currencies with the largest market capitalization.
Overall, the market has lost about $40 billion in value since yesterday’s peak, falling to less than $2.6 trillion.
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