Bitcoin Falls to $104,900 as Market Undergoes Correction Phase, Most Altcoins See Losses

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The cryptocurrency market experienced a downturn over the weekend, resulting in price corrections for many cryptocurrencies. Bitcoin, the leading cryptocurrency, reflected this trend with a price decrease of approximately two percent on Monday, June 2nd, reaching $104,948 on international exchanges. Indian exchanges mirrored this performance, with Bitcoin dropping by 0.65 percent to trade at $107,242. This dip saw Bitcoin briefly fall below $104,000. The overall market correction highlights the inherent volatility associated with cryptocurrencies.

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