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Crypto

Lighter Tumbles Amid Broader Crypto Risk-Off Move

Guavy AI Editorial Team
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A recent analysis of the crypto market reveals that Lighter (LIT) dropped 3.39% in the last six hours due to a broad, macro-driven risk-off move.

This move is attributed to geopolitical tensions and hawkish Federal Reserve commentary that dampened risk appetite and slowed down the crypto recovery.

The market update notes that Bitcoin fell by about 1.3%, Ethereum by 1.4%, while South Korea's Kospi and US stock futures rose, contrasting with the broader crypto market's decline.

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