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The crypto market is frightened by calm
The crypto market capitalisation plummeted below $3.9 trillion on Monday morning, which is 4% lower than the previous day. Among the top altcoins, Bitcoin is losing less than others, while SushiSwap (-13%) and Dogecoin (-11%) lead the list of outsiders. This contrasts with gold hitting new highs and silver surging since the morning, indicating investors’ appetite for safe-haven assets after a period of low volatility. On Monday, Bitcoin broke through support near $115K, which bears had been trying to push through since 13 September. In recent days, there have been several signals of a shift to a downward trend in ... (full story)
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