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Polkadot's DOT down 4%, testing $3.32 support.

02.07.2025 07:43

Polkadot's native cryptocurrency, DOT, has experienced a recent downturn, dropping 4% from its recent peak. This decline has brought the price to a critical support level of $3.32, sparking concerns among investors.

The price dip follows a period of relative stability and comes amidst broader market fluctuations affecting the cryptocurrency sector. Analysts are closely monitoring the situation to assess whether this represents a temporary correction or the beginning of a more significant trend. The $3.32 mark is seen as a key indicator of future price direction; breaking below this level could signal further losses.

This market analysis, generated using AI-powered tools and verified by human editors, is based on data compiled from CoinDesk Data and other internet sources. All external data sources are meticulously cited to ensure transparency and adherence to rigorous journalistic standards. The analysis prioritizes accuracy and presents information in a timely manner, reflecting the dynamic nature of cryptocurrency markets.

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