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Guavy AI Editorial Team••Sentiment: -3•Clout: 40

Cryptocurrency Market Dips as Bitcoin Hits 17-Day Low, Altcoin Values Plummet

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The cryptocurrency market has experienced a downturn, with Bitcoin (BTC) dipping to a 17-day low of $64,300. This decline has affected several altcoins, with some experiencing losses of up to 6%.

Ethereum (ETH), XRP, BNB, DOGE, ADA, and LINK have all marked similar losses, while BCH and SOL have seen more substantial declines. In contrast, PIPPIN has defied the correction and seen a significant surge in value, increasing by over 23% daily to over $0.72.

The total crypto market cap has lost over $60 billion and is now down to $2.350 trillion on CoinGecko (CG). Bitcoin's dominance over the altcoins stands at around 56.5%, while its own market cap has slipped to $1.325 trillion on CG.