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STRK Slumps 57% in Four Weeks as Starknet Rally Unwinds

STRK Slumps 57% in Four Weeks as Starknet Rally Unwinds
AI summary

Starknet's STRK token has fallen 57% over four weeks as its earlier rally reversed. The network's DeFi total value locked dropped to $35.8 million after Extended shifted settlement to Arc, and a proposed Layer 1 transition is still only at the research stage. Traders holding STRK face weakening fundamentals as capital and activity leave the ecosystem.

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Bearish Why is Bitcoin price down today?

Bitcoin fell more than 6% toward $75,000 on November 6, trading around $75,388, as a major sell-off in US technology stocks and heavy..

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