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The International Monetary Fund (IMF) has once again raised alarms regarding El Salvador's embrace of Bitcoin, urging the Central American nation to reevaluate its controversial cryptocurrency legislation.

Dogecoin (DOGE), the meme-inspired cryptocurrency, has recently experienced a notable decline in price following a brief rally that peaked at $0.12 last week. As the market fluctuates, prominent crypto analyst Ali has pinpointed crucial price levels that DOGE must reclaim soon to avoid further negative repercussions.

Recent reports from CCData reveal a significant decline in Binance's market share within the estimated $2 trillion cryptocurrency market, dropping from 42.7% at the start of 2023 to 36.6% currently.

As of now, Ethereum is experiencing a notable decline, reflecting a broader downturn in the cryptocurrency market. With a nearly 2% drop in value, Ethereum, alongside Bitcoin and other leading altcoins, is contributing to a decrease in the total market capitalization, which has fallen to approximately $2.17 trillion.

Bitcoin mining firm TeraWulf has announced a significant financial maneuver, selling its stake in a 200 megawatt Bitcoin mining facility to its partner Talen Energy for $92 million.

In a significant move to curb illegal cryptocurrency activities, Russian authorities have reportedly launched a crackdown on unauthorized crypto exchanges, conducting extensive raids in Saint Petersburg and surrounding areas.