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Fetch Price Plummets 12% After $6.4M FET Transfer, Recovery, or More Downside?

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Summary
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72% Informative

Fetch AI ( FET ) price, an AI-driven cryptocurrency, has been experiencing a downturn in its market value.

FET price has dropped 10% in the past 24 hours , currently at $ 1.24 .

This decline mirrors the broader negative trends across cryptocurrency markets following a significant drop in U.S. stocks.

Large FET token transfers contribute to market volatility, reflecting cautious investor behavior.

Increased cryptocurrency reserves on exchanges indicate potential sustained bearish trends for FET .