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Bitcoin retreats, National Bank invests, Stellar token faces pressure, and other Web3 news

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  • Stellar token XLM is under pressure, with a long-short ratio below 1 indicating bearish sentiment among traders, and the price facing short-term resistance at $0.166 while the main support level is at $0.142. (📰Bitget)
  • The National Bank of Canada has disclosed holdings of approximately $6.98 million in crypto ETFs, with a small allocation of about $330,000 to Bitwise’s XRP ETF, while the majority is in Bitcoin ETFs, reflecting a preference for more liquid products. (📰Bitget)
  • Bitcoin has retreated below $64,000 due to rising oil prices and a shift to net outflows in US spot Bitcoin ETFs, with near-term support at $62,345 and a potential test of the yearly low at $57,800 if this support is breached. (📰Bitget)
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