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Daily News: Bitcoin briefly fell below $90,000, Mt. Gox exchange transferred nearly $1 billion in Bitcoin, Cloudflare service interruption affected crypto assets websites, etc.

Affected by institutional reallocation and over $3 billion of ETF funds flowing out in three weeks, Bitcoin's price once fell below $90,000, hitting a seven-month low, but then rebounded to above $93,000. The Mt. Gox exchange transferred 10,608 Bitcoins worth approximately $956 million to an unmarked Address, which may be related to repaying creditors, while holding a total of 34,689 Bitcoins. El Salvador disclosed a transaction worth $100 million, purchasing 1,090 Bitcoins, marking the largest single-day increase in Bitcoin holdings for the country, raising questions about transparency. Fidelity launched a Solana ETF (FSOL) that supports staking features, while a service outage at Cloudflare disrupted front-end services for Crypto Assets, highlighting the fragility of infrastructure. Standard Chartered believes the Bitcoin dumping wave may have ended and expects a rebound by the end of the year.

BTC-1.65%
SOL-2.97%
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