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Bitcoin (BTC) fell by 4.8%, trading above $58,500.

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The broader crypto market, including Ether (ETH), dropped over 5%.

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BTC and ETH ETFs experienced significant outflows, $89 million and $15.7 million respectively.

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Solana (SOL) and Toncoin (TON) lost 7%.

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Binance Coin (BNB) decreased by 3%, Dogecoin (DOGE) by 6%, and Cardano (ADA) and XRP by 5%.

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Aptos (APT), Arbitrum (ARB), and The Sandbox (SAND) also dropped by up to 7% due to upcoming token unlocks.

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Analysts foresee potential further declines in BTC due to technical and sentiment factors.

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Key economic data releases this week include CPI reports from the UK and US, and Japan's PPI.

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Alibaba and Walmart reported earnings, while Hong Kong and Taiwan released GDP data.

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Traditional market trends can influence crypto prices, with positive data likely boosting riskier assets.