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The past two sessions saw a lot of volatility and swing moves in bitcoin and altcoins. Tether drama sparked bearish moves in BTC and the price tumbled below the main USD 5,350 and USD 5,220 support levels. The price even declined below USD 5,000 and recently recovered above USD 5,200. Similarly, there were sharp declines in altcoins such as ethereum, ripple, bitcoin cash, EOS, litecoin, NEO, ADA and TRX. The market turned red and it may struggle in the near term.
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