Bitcoin's price remains subdued, experiencing its first weekly decline since early November. This large purchase, however, failed to significantly bolster market sentiment.
The cryptocurrency market opened the holiday week in negative territory, led by a 3% drop in XRP over the past 24 hours. Bitcoin itself fell 1.5% in the same period, mirroring losses experienced by Ether, ADA, SOL, and DOGE (all down by as much as 2%). While LINK and TRX showed gains, the broader CoinDesk 20 index fell 1.39%, indicating a general market downturn.
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