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Bitcoin holds at $26,000; Ethereum retains $1,650; Shiba Inu tanks 5%

Bitcoin and other crypto tokens were trading range-bound today, with a negative bias. The digital asset market has been struggling with prolonged winter, regulatory actions and litigations over the last few weeks. Bitcoin was trading flat, continuing to remain under selling pressure as the largest crypto tokens dropped slightly but managed to hold above $26,000-levels. However, Its largest peer, Ethereum, dropped about a per cent but retained above $1,650-mark. Price action in the altcoins was on the lower side. Shiba Inu crashed about 5 per cent, while Polygon tanked about 4 per cent. Cardano and BNB dropped 3 per cent each, XRP and Dogecoin shed 2 per cent each.

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