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Bitcoin and Ethereum Prices Rise Amid Ongoing Downtrend

Bitcoin gained 1.4% to $87,906 and Ethereum rose 4.1% to $2,953, though analysts note sellers still dominate the broader market trend.

BTC
ETH

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Terms & Concepts
  • Downtrend: A sustained decline in the price of a financial asset, indicating prevailing selling pressure.
  • BTC: Ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.
  • ETH: Ticker symbol for Ethereum, a blockchain platform known for smart contract functionality.