Bitcoin’s value dropped below the $60,000 mark, causing losses for crypto bulls amounting to approximately $200 million. This decline in Bitcoin was accompanied by a 10% drop in the prices of other cryptocurrencies like Dogecoin and Solana tokens. Additionally, Ether saw a decrease in value, falling below $2,900 and erasing the gains it had made in July. The approval of spot ETH exchange-traded funds for trading in the U.S. contributed to this downward trend. Overall, the crypto market experienced a sell-off for the fourth consecutive day, resulting in significant losses for traders.
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Bitcoin Plunges Under $60K; Crypto Bulls Lose $200M as Dogecoin, Solana Tokens Drop 10%
