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Former 'bitcoin mayor' Eric Adams denies profiting from NYC Token after 80% crash

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TL;DR:

The Solana-based token plunged more than 80% shortly after launch, with on-chain watchers flagging liquidity shifts that its backers and Adams’ team dispute.

Key Points:

  • Former 'bitcoin mayor' Eric Adams denies profiting from NYC Token after 80% crash - Yahoo Finance Singapore
  • Story reported by 3 sources including Former 'bitcoin mayor' Eric Adams denies profiting from NYC Token after 80% crash
  • Involves BTC, ADA cryptocurrencies

    • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    Former 'bitcoin mayor' Eric Adams denies profiting from N... | NewsCR