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Market Watch: Bitcoin Steady at $119K as Altcoins Pull Back

What happened

Bitcoin’s price actions have remained relatively still on a 24-hour scale as the asset continues to trade around $119,000. At the same time, many altcoins have posted notable price retracements, such as SUI, which is down by 6%, and PEPE. Driven mostly by a significant sell-off.

Related asset context

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