The cryptocurrency market continues to experience a downturn, with Bitcoin's price dropping to $63,400 and total market capitalization falling by 2.87% to $2.17 trillion.
The Fear and Greed Index remains at 34 points, indicating that the market sentiment is firmly in 'Fear' territory.
Ethereum also saw a decline of 4.37% to $1,880, with other leading altcoins experiencing similar losses.
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