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The Crypto Assets market has once again experienced violent fluctuations, with most mainstream digital assets showing a clear falling trend. Bitcoin is leading the decline, causing the overall market to appear red.
Ethereum's intraday fall reached 4%, dropping below the key level of $3500. Solana also did not escape, with the price falling below $165. Other well-known Crypto Assets such as Dogecoin, Chainlink, Bitcoin Cash, and Hedera also generally experienced declines ranging from 3% to 4%.
It is worth noting that the native token of Pi Network has performed particularly poorly, setting a new historical low. ENA has also been severely impacted, falling by 7%.
However, there are still some highlights in the market. Ripple and Litecoin have seen slight increases against the trend, while TON's performance is even more eye-catching, with a rise of over 3.5%, approaching 3.6 dollars.
Overall, the total market value of the crypto market has fallen to $3.75 trillion, evaporating about $250 billion from yesterday's peak. This rapidly changing market environment tests the psychological resilience and risk management capabilities of every investor.
In the face of such a turbulent situation, investors need to remain calm, closely monitor market trends, and implement risk control measures. At the same time, it is also important to recognize the inherent high volatility of the crypto market and prepare for potential further adjustments.