Thursday, May 2, 2024
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Cryptos Rise as Bitcoin Returns Above $40K

BTC struggled to hold above $40,000 on Thursday while ether (ETH) traded around $3,000. Meanwhile, most alternative cryptos (altcoins) underperformed BTC, suggesting a lower appetite for risk among crypto traders. WAVES and LUNA have declined by more than 20% over the past week, compared with a 7% loss in BTC over the same period.

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