Last week’s crypto market spike—which saw Bitcoin top $30,000 for the first time in 10 months and Ethereum pop over $2,100 despite sell pressure from unlocked staking funds—proved to be short-lived. Bitcoin is sinking for the third straight day, briefly dipping below $28,000 overnight as macro pressures continue to nudge the broader crypto market downward. Here’s what you need to know around crypto for Friday.
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