The cryptocurrency market, led by Bitcoin and Ethereum, experienced a pause in its recent rally on Thursday. Bitcoin hovered around the $81,000 mark, while Ethereum dipped below $2,330. This market consolidation comes as global equities pushed to fresh record highs, fueled by growing optimism about a potential US-Iran ceasefire agreement.
The positive sentiment in traditional markets appears to be drawing some attention away from digital assets, leading to a temporary pullback. Notably, Dogecoin saw a decline of approximately 4%, reflecting a broader market adjustment rather than specific issues with the meme coin itself.
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