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Bitcoin Drops Below $27K While Altcoins Remain Slightly Red, XRP Sees Notable Price Jump

Bitcoin has fallen below $27,000 after failing to continue upwards and hitting resistance at $27,500. Other altcoins such as ETH and BNB are also slightly down, while XRP has seen a notable price jump. Bitcoin had briefly spiked to over $27,600 before retracing and experiencing another minor drop below $27,000.

Meanwhile, Ripple's native token has seen the biggest increase in value among the top 50 cryptocurrencies due to positive developments in the company's legal battle against the SEC. Overall, the total crypto market cap has decreased by around $10 billion in a day to $1.120 trillion.

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