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The digital currency market experienced a collective decline over the week, with Bitcoin losing more than 6% to trade around $60,114, amid ongoing selling pressure across most cryptocurrencies. Bitcoin's price remained above the $60,000 threshold despite the market downturn, while TRON was the only asset to see an increase of 0.55%. Most altcoins, such as HyperLedger, Binance Coin, Solana, and Ripple, saw declines, whereas stablecoins continued to stay close to the US dollar rate.
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