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Bitcoin, Ether fall amid renewed banking sector concerns; BNB is sole gainer in top 10 cryptos

Bitcoin and Ether dropped on Monday afternoon in Asia on the first trading day of May, after concerns about the U.S. banking system resurfaced following news of U.S. regulators approving the sale of First Republic Bank's assets to JPMorgan. Most other top 10 non-stablecoin cryptocurrencies also fell, except Binance's BNB, with Solana and Litecoin the biggest losers of the day. Most Asian equity markets were closed on Monday for the May 1 holiday. Bitcoin fell 2.2% to US$28,640 in 24 hours to 4 p.m. in Hong Kong, as per the CoinMarketCap data. Ether lost 2.83% to US$1,850 but traded 0.34% higher on the week.

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