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“Now that we’re starting to see prices going up, we’re starting to see a lot of traders giving up and jumping in to make sure that they don’t miss the big spikes that we’re seeing,” he said. Ether fared less well, falling below $1,550 for the first time in a week. The second-largest crypto by market value was down 5.7% from Monday, the same time. Other major cryptos declined later in the day to trade well in the red, with popular meme coins DOGE and SHIB down more than 7% and 8% respectively, and ADA down 8%. The CoinDesk Market Index (CDI), an index that measures the performance of cryptos, was recently down about 4%.
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