$BTC Last week, the price plunged from $87,000 to below $81,000, hitting a more-than-two-week low. Major cryptocurrencies such as $ETH and XRP also weakened, with XRP down over 10% in total over the past week. Analysts attribute the decline to multiple factors, including outflows from spot ETFs, market jitters sparked by large transfers by the U.S. government, macroeconomic news, and profit-taking. On-chain data shows that whales continued to accumulate during the downturn, and several buy signals have emerged in the market. (Source: CryptoPotato)

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