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Bao Long
@skikes1891
On March 18, 2025, the cryptocurrency market experienced notable developments: Market Movements Bitcoin: The leading cryptocurrency declined by 1.6% to $83,132, marking a 31% drop from its mid-January peak. This downturn is attributed to investor concerns over inflation and economic growth, prompting a shift away from riskier assets. BARRON'S Altcoins: Other major cryptocurrencies mirrored Bitcoin's performance. Ethereum decreased by 1.5%, XRP dropped 2.8%, and Dogecoin fell by 3.3% to just under 17 cents. BARRON'S Corporate Actions MicroStrategy: The company's shares fell by 6.8% to $274.13 following its purchase of 130 Bitcoins for $11 million at an average price of $82,981 per Bitcoin. This cautious acquisition reflects a more measured approach compared to previous investments. BARRON'S Regulatory Developments
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