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Crypto Market Update: Bitcoin, Ethereum Price Drop After FTX Liquidation Approval

Market Trends

The cryptocurrency market experienced significant movements today, with Bitcoin and Ethereum both facing declines amid recent developments. Bitcoin (BTC) is currently priced at $62,666, reflecting a slight dip of 1.18% in the last 24 hours. Meanwhile, Ethereum (ETH) has slipped to $2,439, down by 2.19% over the same period. Several factors have contributed to these price fluctuations, including FTX’s liquidation plan approval, Worldcoin’s shift in focus, and a new Ethereum Improvement Proposal (EIP).

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