Polkadot (DOT) has remained strong in the market despite fluctuations, with investors maintaining their bullish position. Ripple's legal victory against the SEC has positively impacted the entire market, including altcoins like DOT.
However, Bitcoin and Ethereum have experienced downward corrections, which could potentially harm the price of DOT. DOT's current price stands at $5.30, with a slight decline of 1.7% over the past 24 hours, but still maintaining a seven-day rally of 4.8%. Monitoring Bitcoin's performance closely becomes crucial for DOT bulls to counteract potential negative impacts of a market correction.
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