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Published 2 years ago

Strength In U.S. Dollar May Have Killed Bullish Momentum In Crypto?

Summary by Ground News
The largest cryptocurrencies by market cap might experience further losses as macro-economic factors keep exercising a negative influence on risk-on assets. At the time of writing, the crypto total market cap stands at $1.09 trillion after experiencing rejection at the $2.2 trillion mark. Bitcoin saw a yearly low at around $17,600. Fidelity's Director of Macro Jurrien Timmer expects that price point to operate as critical support.

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