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Pepe Falls as Bitcoin Weakness and Withdrawals Shape Market
Pepe (PEPE) fell 2.61% to $0.000004719, with support near $0.00000460 and resistance between $0.00000480 and $0.00000485. Trading volume increased 17.01%. Exchange withdrawals amounted to $16.5 million over seven days, while $179,000 was deposited over the 30-day period. Bitcoin fell below $76,000, causing PEPE to rally 7% to $0.00000508, and ETF outflows weighed on market confidence. PEPE is expected to rally toward $0.0000051 as Bitcoin tests $75K.