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Market Wrap: Cryptos Pare Earlier Losses, Bitcoin Outperforms

Some alternative cryptos (altcoins) rallied on Tuesday, albeit within a six-month downtrend. For example, Solana’s SOL token rose by as much as 2% over the past 24 hours, compared with a 3% rise in BTC over the same period. Still, SOL is down by 50% over the past month, compared with a 35% drop in ether (ETH) and a 27% decline in BTC.