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Bitcoin and Ethereum prices drop amid ongoing crypto sell-off
Bitcoin and Ethereum experienced sharp declines as the ongoing crypto sell-off resumed, marking significant volatility in the digital assets market.
Bitcoin traded at $85,831, experiencing a 6% decline, while Ethereum followed suit, dropping 9% to $2,771, as a broader crypto sell off resumed on December 6. The market capitalization of the entire crypto sector hit a record high of $4.15 trillion earlier this year, but since then, prices have continued to fluctuate as investor sentiment wavers.