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Bitcoin and ether fell more than 2% after Trump declared the ceasefire over and called Iran negotiations a waste of time. U.S. airstrikes hit IRGC boats in the Strait of Hormuz. Altcoins bore the brunt with $350 million of $450 million in liquidations from altcoin pairs. JUP, ETHFI and PUMP lost between 5.5% and 9.3%. Solana wiped out its entire July rally.
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