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Altcoin meltdown continues, ETH angst rises, but BTC remains resilient

The crypto markets have fallen 2.7% today, totaling 3.6 trillion USD in capitalization, with altcoins facing the most significant losses. Conversely, Bitcoin (BTC) continues to demonstrate resilience, remaining above important price levels, while many traders underinvest in BTC.

Ethereum (ETH) has retraced to 3,000 USD, a 16% decrease from its January peak. Tensions within the Ethereum Foundation could negatively impact future ETH prices, despite some bullish developments in the sector.

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