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Bitcoin and Ethereum consolidated, while Dogecoin rose as President Joe Biden announced his withdrawal from the 2024 presidential race. What Happened: The world’s largest cryptocurrency, Bitcoin, traded flat until the news of Biden dropping out of the contest broke, injecting positive volatility in the market. King Crypto recorded a weekly close above $68,000 and is up more than 10% over the week. Ethereum moved in the $3,500 zone, anticipating bullish impetus as it awaits the final approval of exchange-traded funds tracking its spot price. The investment products are likely to go live this we…

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