Bitcoin has fallen nearly 30% since then and is on track to close the quarter with a roughly 22% loss, marking its worst quarterly performance since the second quarter of 2022, a period marred by the collapses of TerraUSD and Three Arrows Capital. Other tokens also saw gains, with Ether rising more than 1% and Solana up over 2%. Investors remain cautious as macro factors and liquidity dynamics continue to shape sentiment across digital assets.

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