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Crypto Market Slides as Bitcoin, Ethereum and XRP Face Selling Pressure
Major cryptocurrencies decline amid macroeconomic and market pressure
Cryptocurrency markets have extended losses as Bitcoin, Ethereum,XRP, and Dogecoin face renewed selling pressure amid global economic uncertainty.Analysts point to profit booking,cautious institutional participation,tightening liquidity conditions as key drivers behind the decline.Broader risk-off sentiment in equity and bond markets is also weighing on digital assets.Traders are closely tracking major support zones to assess whether the correction signals deeper weakness or a potential short-term rebound opportunity.