The crypto market experienced notable losses, with altcoins such as Dogecoin, Solana, and XRP leading the declines. These losses are attributed to rising rate jitters and the unwinding of leverage, indicating a broader caution among investors. Sentiment shift and profit-taking have contributed to the downturn, creating a significant impact on altcoin performance. As investors react to market conditions and anticipated regulatory changes, the overall crypto landscape remains volatile, necessitating close monitoring of trends and potential recovery signals.

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