There was red ink across the crypto market this morning in Asia as Bitcoin dipped below the resistance level of US$26,000. Ether also fell to near the US$16,000 mark after a hack on the X account of Ethereum founder Vitalik Buterin. Other top 10 non-stablecoin cryptocurrencies logged losses. Solana’s SOL led the losers with a 24-hour slide of over 6%. Bitcoin dipped 0.25% in the last 24 hours to US$25,831.97 as of 07:50 a.m. in Hong Kong. It lost 0.53% for the week, according to CoinMarketCap data. Ether, the Ethereum blockchain’s native token, fell 1.12% to US$1,616.79, and dropped 1.18% over the past seven days. Solana led the losers, falling 6.17% to US$18.25 for a weekly loss of 6.80%.
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