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Ether is ceding floor to market bellwether Bitcoin with traders looking for refuge in probably the most widely-held digital asset whereas the latest downturn in crypto costs deepens.
The second-largest digital forex by market worth has slumped round 18% since June, whereas Bitcoin was down round half that quantity throughout the identical interval. Ether dropped as a lot as 5.4% to $1,639 on Monday, and the unique cryptocurrency slipped as a lot as 2.3% to $27,290.
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