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Cryptocurrency Market Continues Decline This Week, Binance Alpha Tokens Lead for Two Consecutive Days

Summary: According to HTX market data, Bitcoin briefly dropped below $88,000 this morning, despite the Fed's rate cut last week and dovish signals. The cryptocurrency market continued its decline this week, with a total market cap of $3.13 trillion, focusing on the US CPI data to be released on Thursday. Some tokens in the Binance Alpha ...

According to HTX market data, Bitcoin briefly dropped below $88,000 this morning, despite the Fed's rate cut last week and dovish signals. The cryptocurrency market continued its decline this week, with a total market cap of $3.13 trillion, focusing on the US CPI data to be released on Thursday.

Some tokens in the Binance Alpha sector surged significantly, with FHE, MILK, SSS, and BAS all rising over 50% in the past 24 hours, with FHE leading with nearly 100% increase. Mind Network announced yesterday the introduction of fully homomorphic encryption into the Solana AI agent ecosystem and collaboration with Pippin, depositing 1% of Pippin's total supply into Mind Network's FHE project wallet for long-term reserves for future community incentives and ecosystem development.

According to CoinGecko data, the meme sector cooled down, with a 2.6% decrease in total market value in the past 24 hours. Among the top 200 meme coins, only M and PIPPIN saw an increase in the last 24 hours.

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