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Bitcoin and Ethereum Face Worst Week Since FTX Collapse

Bitcoin and Ethereum Face Worst Week Since FTX Collapse

The cryptocurrency market shed approximately $390 billion in capitalization over the week, with Bitcoin and Ethereum poised for their largest decline since November 2022. BTC has dropped more than 17%, while ETH is down about 22%, as investors continue to withdraw funds from ETFs and reallocate capital to the AI sector.

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