Bitcoin down $5,000, meme coins hit by market decline

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This week saw Bitcoin’s price tumble below $70K, while many altcoins charted even more considerable losses.

The cryptocurrency market experienced a sharp decline during the evening of last Friday. Bitcoin’s price crashed below $70K, prompting a considerable market sell-off. The total capitalization is down by about $100 billion in the process, currently sitting at around $2.57 trillion


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