Bitcoin, the leading cryptocurrency by market capitalization, experienced a notable dip, falling by 4.43% to reach $57,419.91. This decline was accompanied by a surge in trading volume, which soared by 30.72% to $49.54 billion in the last 24 hours. Despite this downturn, Bitcoin’s market capitalization remained substantial at $1.13 trillion.

Meanwhile, Ethereum, the second-largest cryptocurrency, also saw a decrease in value, losing 2.86% to trade at $2,912.84.&middot

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