Bitcoin Slides to $78,000 as Broad Crypto Selloff Hits Memecoins and Small Caps Hard

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Bitcoin dropped approximately 2% over a 24-hour period, trading at around $78,111 according to CoinDesk data. The decline was part of a widespread crypto market retreat, with 95 out of 100 assets in the CoinDesk 100 index recording losses. Memecoins and small-cap cryptocurrencies were among the hardest-hit segments during the selloff. The bulk of the market downturn occurred during overnight trading hours.

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