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Crypto Market Fails To Hold Bullish Momentum, Top Tokens Retest Their Important Support Levels!

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By on August 21, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Crypto Market Fails To Hold Bullish Momentum, Top Tokens Retest Their Important Support Levels! appeared first on Coinpedia Fintech News

With a drop of 1.95% over the past day, the cryptocurrency market is presently valued at $2.10 Trillion. Further, the BTC price has failed to hold its value above the $61K level, resulting in it retesting its support level at the $59,000 mark. The altcoin leader, ETH price displayed a similar action by dropping 3.47% with a 24-hour low of $2,556.75. On the other hand, Binance, Solana, and XRP have recorded a correction of 1.53%, 3.56%, and 2.20% respectively. This drop has resulted in these crypto tokens experiencing a pullback toward their important support levels.

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