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Bitcoin Dips Below $80K

Bitcoin experienced a significant dip below $80,000 during the week, falling to $83,350. This marked a decline of 3.06% from the previous week. The market sentiment shifted from greed to a neutral position, as indicated by the Fear & Greed index at 57, down from 68 last week. Other notable cryptocurrencies include Ethereum ($2,551, down 6.16%) and Magic (up significantly in the GameFi sector, though its exact performance is not detailed). Ravencoin ($RVN) saw its value plummet to an all-time low, with exchanges like Bitget and Upbit South Korea discontinuing trading pairs, leading to a loss of support and a negative performance in the market.

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