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Cryptocurrencies still in red; memecoin Shiba Inu down 7%, SOL, AVAX, MATIC take a hit

Cryptocurrency markets are in red. Bitcoin, Ethereum have slipped. Layer 1 blockchain crypto tokens like Solana, Cardano, Ripple are also down. Memecoins like Shiba Inu and Dogecoin have witnessed downtrend. Most stablecoins remain pegged to $1 despite volatility in markets.

Bitcoin falls to $20,000-mark, cryptocurrency market in red

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