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Major cryptocurrencies on Wednesday traded mixed with the bullish momentum showing signs of waning. This shift in momentum can be attributed to the early exchange-traded funds (ETF) flows, which have failed to meet the high market expectations. What Happened:Bitcoin’s surge has come to a halt, as the cryptocurrency now trades 10% lower from its recent highs near $49,000. This pullback occurred following the launch of 11 spot ETFs and their subsequent trading in the U.S. last Thursday. In another major development, a federal judge in Manhattan engaged in a rigorous questioning of Coinbase and t…