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Bitcoin Hovers Above $27.4K; XRP Notches Win, Solana Token Slides

Bitcoin (BTC) lost 0.7% while crypto majors showed mixed movements as low volatility seemed to return to the crypto markets, days after ETF optimism pushed prices higher. The largest cryptocurrency by market value traded at $27,400 on Wednesday, seemingly stabilizing around that level after losing support at $28,000 earlier this week. Ether (ETH) lost 1.3%, Solana’s SOL fell 3.5% to lead majors losses, while Cardano’s ADA and BNB Chain’s BNB slipped 2% each in the past 24 hours. XRP tokens were among the few majors in green following two Ripple victories in the last 24 hours. Elsewhere, Polygon’s MATIC and Tron network’s TRX rose 2% on no apparent material catalyst.

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