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Bitcoin Falls 3.4% as Profit Booking Hits Crypto Rally
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Bitcoin slid 3.
After a week of strong gains, Bitcoin declined 3.4% to ₹95.9 lakh as traders booked profits ahead of US macro updates. Market analysts noted that AI-driven equities’ volatility spilled into digital assets, sparking temporary caution. Ethereum mirrored the trend, dropping over 4%. Despite the correction, long-term fundamentals remain intact, backed by institutional demand and ETF inflows. Exchanges saw a modest rise in stablecoin liquidity as investors rotated to safety. Experts believe the current pullback may serve as consolidation before the next leg of the crypto uptrend resumes.