Crypto market experiences second-worst week of 2024

Daniel Puchert

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Crypto market sees worst decline since April

Losses are piling up in crypto after the digital-asset market’s second-worst weekly drop of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.

A gauge of the largest 100 digital assets fell about 5% in the seven days through Sunday, the worst such decline since April, data compiled by Bloomberg show.
 
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