Bitcoin, Ethereum, XRP, Dogecoin Struggle, But Traders Say It's 'Just Another Healthy Retest'
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Cryptocurrency markets are slightly down as traders anticipate Fed Chair Jerome Powell's speech. In the last 24 hours, 81,748 traders were liquidated for $240.55 million. Bitcoin ETFs saw net outflows of $194 million, while Ethereum ETFs had inflows of $287 million. Analysts suggest Bitcoin is undergoing a healthy retest, with key support zones at $110,000–$112,000. Despite short-term shakiness, a bounce is expected, and Bitcoin remains in a bullish zone, though the full bull market has yet to commence.
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