Crypto market down: Bonk, Sonic, and Fartcoin lead the losses as downside risk escalates

Bonk’s value has decreased by 2%, extending its recent loss of 8%. Sonic’s price fell 2% as well, following an 8% decline. Fartcoin dropped over 6% and is currently focused on the crucial support level at $0.73.

The broader cryptocurrency market is in negative territory, with more than 350 million USD in liquidations. Mixed technical indicators suggest potential further declines, with investors facing increasing bearish momentum in key cryptocurrencies.

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