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S5/10Economic

Bitcoin stays near $64K, Ethereum underperforms as weak risk appetite keeps crypto markets under pressure

Bitcoin traded near $64,000 and Ethereum underperformed as risk appetite weakened. The global crypto market capitalization edged down 2% to $2.19 trillion.

Bitcoin's realized volatility is near multi-year lows, suggesting a coiled market. Ethereum remained comparatively weaker below key support levels.

Market sentiment improved early on regulatory news but then pulled back.

Source: Economic TimesOriginal source

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