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Crypto

Injective (INJ) Drops Amid Broad Crypto Risk-Off and Weak Technicals

Guavy AI Editorial Team
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BTC INJ
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The price of Injective (INJ) dropped by 5.6% over approximately 25 hours due to a broad crypto risk-off sentiment and weak technical positioning.

This decline occurred in a broader market under modest pressure, with the total crypto market cap roughly flat to slightly up.

The drop in INJ was also influenced by Bitcoin trading weakly around $62,000 - $63,000, net spot ETF outflows of about $131 million, and a generally fearful sentiment described in multiple market roundups.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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