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Bitcoin Drops 5.7%, Polkadot and Filecoin Struggle Amid Market Volatility
Bitcoin dropped 5.
Bitcoin fell by 5.7% as the crypto market faced increased volatility, with over $484 million in liquidations. Polkadot slid 11% below its $2.05 support level, while Filecoin lost over 10%. Meanwhile, Tom Lee’s BitMine acquired 97,000 ETH despite unrealized losses, citing optimism around future network upgrades like Fusaka and adapting to shifting Fed policies.