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Bitcoin showed resilience amid geopolitical talks, while Ethereum and other altcoins faced significant declines. The cryptocurrency market experienced heightened volatility following key economic data and high-profile diplomatic discussions.
- Bitcoin reached a new all-time high of $124,500 before retreating to $117,500 amid market volatility.
- Ethereum fell below $4,500, marking a 5% daily decline and moving away from its 2021 peak.
- The total crypto market cap dropped by $80 billion overnight, with Bitcoin's dominance nearing 58%.
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