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The crypto market is holding its ground
The crypto market cap is at $2.32 trillion, roughly the same as a week ago. This can certainly be considered a victory, given the Nasdaq-100’s fall of around 5% over the past week. Although the cryptocurrency market remains below its 50- and 200-day moving averages, it is finding support on dips to the lows seen since early February, demonstrating horizontal stabilisation following the slump, whilst equities are forming a downtrend. Bitcoin started Monday by dipping below $65K, but after a brief trigger of stop-loss orders, it reversed and rose, exceeding $67.3K at the time of writing. The leading cryptocurrency ... (full story)