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Cryptocurrency Market Update on 28th August: Bitcoin Stumbles Down to $59K, ETH and Other Coins Dip

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On August 28, the cryptocurrency market displayed mixed signals, with major players like Bitcoin and Ethereum retracting some of their previous gains. Bitcoin, after climbing 41% this year to an all-time high of $73,798 in March, has dipped to $59,621.30, a 5.30% drop today. Ethereum, transitioning to proof-of-stake, fell by 7.53% to $2,481.81.

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