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After a strong start to the week, market sentiment took a sharp turn as traders adopted a more cautious tone. Early excitement around Pump.fun’s PUMP token cooled quickly after Gate.io mysteriously removed its presale announcement, which had briefly teased a $600 million target for July 12.
Meanwhile, Bit Digital made waves by selling all its Bitcoin holdings and shifting its entire treasury to Ethereum, now holding over 100,000 ETH worth $254.8 million, making it one of the largest public ETH holders.
But the real shock came, as the crypto market…
