The crypto market extended its losses on July 1, with Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), BNB, and Hyperliquids HYPE trading lower as investor sentiment weakened. The global cryptocurrency market capitalization slipped 0.69% over the past 24 hours to around $2.04 trillion, while Bitcoin dropped below $59,000 after briefly testing support near its 200-week moving average at roughly $58,000.
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