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Crypto Daily Report – August 3

Aug 3, 2022
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The crypto market is pulling back from its recent surge, with $BTC falling below $65,000, $ETH trading under $3,200, and $SOL fighting to stay above $150. As expected, altcoins are also generally declining, although a few notable performers are scattered across the market. Currently, $BONK and $WIF, two prominent memecoins on Solana, are showing resilience, up 12% and 6%, respectively. Additionally, $HBAR initially doubled in price following reports that Blackrock...

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After significantly outperforming equities leading up to its halving event on Friday, BTC 0.09% continued its upward trend over the weekend, now trading just below $66k. ETH -0.23% has generally followed suit, although continuing to lag behind BTC, with its current price around $3200. SOL -2.29% , meanwhile, has continued its strong rebound from the recent price slide, reaching $156 yesterday, currently trading slightly below that level. The crypto market is broadly performing well...

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