Bitcoin Faces Key Resistance at $60K as Major Altcoins Follow Market Downturn
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The cryptocurrency markets are experiencing a slump today. Major cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP are all following a downward trend, causing concern among traders.
Bitcoin is facing significant resistance at the $60,000 mark, a psychological hurdle that it has been struggling to overcome.
The overall market capitalization has decreased by 1.84%, now standing at $2.11 trillion. This drop reflects the broader market sentiment and its current state.
Investors and analysts are closely monitoring these developments, as the market's next moves could provide crucial insights into the short-term direction of cryptocurrency prices.
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