RGT, CRV and SNX saw double-digit rallies after new governance proposals and migrations to layer-2 platforms.
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As Leading Cryptos Dip Lower in Value, Elrond, Osmosis, Tron, Cosmos Token Values Climb
On Sunday, digital currency markets have seen some slight improvements but overall since September 6, 2021, the $2.21 trillion cryptocurrency market capitalization is down 9.79%
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Presearch, Frontier and Algorand book double-digit gains as altcoins soar
FRONT, ALGO and PRE rallied in excess of 40% as altcoins capitalize on Bitcoin’s range-bound price action.
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Near Protocol, Algorand and PowerPool rebound while Bitcoin consolidates
NEAR, ALGO and CVP notched gains in excess of 37% while the wider market attempts to recover from Tuesday’s sharp correction.
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Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold — Correlation shows
The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.
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Analysts point to overleveraged traders after Bitcoin flash crashes to $43K
Traders were hit hard as $3.5 billion in liquidations took place as Bitcoin price crashed below $43,000.
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