Crypto Markets Face Headwinds as Bitcoin Slips Amid Uncertainty

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The cryptocurrency market weakened this week as Bitcoin and Ethereum posted sharp declines, reflecting a broader shift toward risk aversion driven by macroeconomic uncertainty and heightened regulatory scrutiny. Developments ranged from continued outflows from crypto-linked exchange-traded funds (ETFs) and deteriorating market sentiment to regulatory actions by U.S. authorities and renewed debate over the causes of October’s market-wide liquidation event.

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