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Cryptocurrency markets suffered a broad sell-off on Thursday evening, with the majority of major digital assets posting significant losses across the board.
Bitcoin plunged 3.48% to $71,349.79, dragging overall market sentiment lower as traders retreated from risk positions. BNB mirrored that pressure, plunging 3.87% to $653.03 to record the steepest percentage decline among the eight major coins tracked.
Ethereum declined 2.06% to $2,011.40, slipping back below a key psychological threshold, while Solana declined 2.33% to $81.35. Avalanche also declined, shedding 2.16% to $8.33 as mid-cap altcoins struggled to find support.
XRP declined 1.62% to $1.04, and Dogecoin declined 1.88% to $0.07, with both assets reflecting the wider bearish tone. Cardano proved the most resilient of the group, inching lower by just 0.47% to $0.17, offering little comfort to bulls but standing out as the session's relative outperformer.
The uniform nature of Thursday evening's declines suggests broad-based selling pressure rather than any single coin-specific catalyst, leaving market participants cautious heading into the overnight session.
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