The cryptocurrency market dipped on Thursday despite spot Bitcoin exchange-traded funds (ETFs) recording consecutive daily inflows of over $800 million.
Bitcoin (BTC) fell 1.5% to $70,800 after briefly nearing its all-time high the previous day. Ethereum (ETH) plunged 5% to $2,540. Solana (SOL) and Polkadot (DOT) dipped by 3% and 5%, respectively. The global crypto market cap declined 4% to $2.47 trillion over the last 24 hours.
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