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This week witnessed stable momentum in the cryptocurrency market as Bitcoin climbed 2.2% and Ethereum saw a 2.6% increase over the week. Amidst ongoing discussions about regulatory clarity and the advancements in Layer 2 technologies, investors are reevaluating asset allocations between traditional and digital stores of value.
This week saw Bitcoin maintaining support levels despite minor fluctuations, while Ethereum struggled with bearish sentiment. In parallel, gold prices showed slight declines amidst ongoing discussions on regulatory clarity in the crypto space.
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