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Crypto consolidates after selloff as South Korea’s market meltdown drives crypto volumes higher

Crypto consolidates after selloff as South Korea’s market meltdown drives crypto volumes higher

Bitcoin consolidated following Monday’s selloff, trading at $62,600 after tumbling from $64,400 to $61,800 over the course of 24 hours.

Ether (ETH) tracked the larger cryptocurrency, trading in a relatively tight $1,770-$1,790 range. Trading volume across ETH pairs increased by 2.2% to $8.95 billion over the past 24 hours, suggesting a healthy balance of buyers and sellers rather than opposed to apathy.

Lighter (LIT) rebounded from Monday’s downturn, rising by 5.7% since midnight UTC as it looks to stage another rally following a 200% surge since May.

U.S. equities were mixed, with Nasdaq 100 index futures adding 0.31% while S&P 500 index futures fell by 0.12%, reflecting uncertainty after U.S. President Donald Trump said…

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