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Crypto Market Cap Nears $1 Trillion as BTC Reclaims $21K (Market Watch)

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Bitcoin's market cap has remained above $400 billion, but the dominance over the alts is under 42.5%. Most altcoins have calmed today after the recent volatile ride, with the most impressive gains coming from Cardano and Dogecoin. The cumulative market cap of all crypto assets has increased by around $20 billion in a day and has neared the coveted $1 trillion mark. Bitcoin was rejected at first and slipped below $20,000 after Fed Chair’s latest affirmation about continuing to raise the interest rates. The asset has gradually reclaimed some value and is close to $21,500 once again as of now. Source

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