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Bitcoin prices declined significantly, dropping to their lowest levels in two months at $70,287.3 after the company "Strategi," the largest institutional owner of the currency, announced its first sale of holdings in four years, selling 32 bitcoins for $2.5 million. This put additional pressure on the cryptocurrency market amid waning risk appetite and political uncertainty between the United States and Iran. Alternative digital currencies, such as Ethereum, Cardano, and Solana, were also affected by value declines.
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