What to know:
- Major cryptocurrencies fell up to 5% as traders took profits, with dogecoin leading the losses.
- Bitcoin maintained its position around $93,000, while other major tokens like XRP, SOL, BNB, and DOGE saw declines over 2%.
- Spot bitcoin ETFs in the U.S. attracted over $916 million in inflows, driven by Bitcoin's growing appeal as a safe haven amid market volatility.
Major tokens fell as much as 5% on Thursday as traders took profits on a steady move higher from earlier this week, with memecoin dogecoin (DOGE) leading losses among the largest assets.
Bitcoin (BTC) clung to the $93,000 zone in the past 24 hours, but XRP, Solana’s SOL, BNB Chain’s BNB and DOGE showed losses above 2%. Ether (ETH) fared relatively better with a 1.5% slump.
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