Bitcoin declines 7 percent this week

Bitcoin's price dropped below $60,000 over the weekend, influenced by outflows from investment funds and expectations of interest rate hikes. It declined approximately 7% this week, falling from around $60,240 to about $59,847. Meanwhile, the cryptocurrencies Ether and Ripple experienced declines of nearly 8%, while Solana rose more than 7%, reaching a price of about $72.

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