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Bitcoin's price dropped to around $64,242 due to the Federal Reserve's tightening monetary policies and expectations of an interest rate hike. Ethereum also declined by 3.6% to $1,729.19, Ripple fell by 3.55% to approximately $1.17, and Solana decreased by 3% to $71.3. This decline comes after signals of a hawkish stance from the Federal Reserve, which increased expectations of a rate increase later this year.
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