Cryptocurrency Prices Dip and Partially Rebound

Cryptocurrency prices dropped around 10% on Saturday, then partly recovered.

Other major digital currencies like ether, BNB, and solana also fell.

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DeFi sector, including Ethena, faced challenges due to market turmoil.

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Ethena attracted over $2 billion but uses a controversial method for its synthetic dollar.

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Market decline might be linked to reduced dollar liquidity before U.S. tax payments.

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Geopolitical tensions, like Iran's strikes against Israel, also influenced the market.

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