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Morning Minute: Bitcoin Breaks Below $100K for First Time Since May

Bitcoin has fallen below $100,000 for the first time since May, dropping approximately 6% on Tuesday, with a brief dip under $100K triggering a sell-off across the crypto market. Ethereum and Solana also experienced significant losses, with ETH falling below $3,100 and SOL dipping under $150. Despite the bearish market sentiment, with fear levels noted as 'Extreme Fear,' there are signs of recovery as Bitcoin has rebounded to around $102,000, and Ethereum and Solana have also seen slight recoveries. Analysts point to typical market volatility and highlight past recoveries following major downturns, suggesting that this dip could be part of a broader market correction rather than a sign of a prolonged bear market.

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FTX News: Sam Bankman-Fried's Appeals Court Hearing Saw Skeptical Judges

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FTX News: Sam Bankman-Fried's Appeals Court Hearing Saw Skeptical Judges

This week, the Second Circuit Court of Appeals held a hearing on Sam Bankman-Fried's appeal of his criminal conviction. The judges expressed significant skepticism toward his attorney's arguments that he deserved a new trial due to alleged bias from the trial judge, Lewis Kaplan. Bankman-Fried'

FTX News: Sam Bankman-Fried's Appeals Court Hearing Saw Skeptical Judges

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