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In the past 24 hours, the Cryptocurrency market has experienced severe Fluctuation, with a total Get Liquidated of $529 million. The price of BTC (BTC) dropped below $96,000, showing strong selling pressure, while Ethereum and its main competitors showed different performances in price Fluctuation. Despite a 4% increase in SOL in the short term due to the news of 'Spot ETF' progress, the overall market still appears weak. It is worth noting that institutional investors tend to use BTC as a concealed inflation hedge in the background of Trump's victory, providing potential support for BTC. At the same time, Rise Labs has received a $6.3 million financing, demonstrating investors' continued interest in blockchain technology. However, at the same time, institutions such as Orange are starting to ShortMSTR for Hedging risks, reflecting the complexity of market sentiment. Overall, despite the severe Fluctuation in the performance of local assets, the overall trend of the Cryptocurrency market is still affected by a variety of external factors, maintaining pressure in the short term. However, the long-term support of institutions for BTC may inject new momentum into it. Overall, the Cryptocurrency market is still in an uncertain downward range.

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