Why Flow Token Is Declining Despite a Crypto Market Rebound
Flow (FLOW) has been left out of the broader market recovery, with the token experiencing a double-digit drop over the past 24 hours.
The drawdown comes as the network continues its remediation efforts after suffering a recent exploit.
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Why is FLOW Token’s Price Dropping?
The cryptocurrency market rose nearly 2.3% today, with all top 10 assets trading in the green. Bitcoin (BTC) climbed above $90,000, while Ethereum’s (ETH) price also surged past $3,000.
However, FLOW did not benefit from the market-wide rally. BeInCrypto Markets data shows that the altcoin has dropped nearly 14% over the past 24 hours, ranking as the second-largest daily loser on CoinGecko.
It is…
