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Bitcoin Year-End Profit-Taking Drives ETH, SOL, ADA Lower

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BTC
$89,657.800.78%
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ETH
$3,035.231.14%
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XRP
$1.91769-1.48%
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SOL
$126.01-0.2%
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DOGE
$0.13199-0.66%
Bitcoin’s year-end profit-taking triggered a market-wide pullback, with Ethereum, Solana, and ADA all dipping as risk-to-reward ratios turned less favorable. Per Bijié Wǎng, the decline came amid profit-taking strategies ahead of the year’s close, with Bitcoin falling 0.5% to $89,600. XRP and Dogecoin dropped up to 2%. Concerns over tech valuations and Fed signals kept investors on edge. BTSE’s Jeff Mei linked the move to year-end position adjustments, while SignalPlus’ Augustine Fan warned of further declines due to thin liquidity.
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