Bitcoin (BTC) has fallen below 106,000 USD, forming a resistance trendline which led to a wider market pullback. The negative sentiment reflects a bearish trend for several cryptocurrencies, including a significant drop in Fartcoin and SPX.
Fartcoin (FARTCOIN) saw a decrease of 10% while SPX fell by 9%, nearing a key support level of 1 USD. Algorand (ALGO) also experienced a 7% decline, suggesting a continuing bearish trend as it fails to maintain its recent gains.
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