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Total cryptocurrency market capitalization has increased, so has BTC market share

Total cryptocurrency market capitalization has increased, so has BTC market share| FXMAG.COM
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  1. Bitcoin and cryptocurrencies, in general, are an easy alternative to the Dollar and have climbed by 4% today

    Bitcoin - Investors Consider Cryptos as an Alternative. Investors over the weekend have clearly explored alternatives to the US Dollar and equities. For sure, investors have heavily bought US bonds and have even invested in Gold. Gold has increased by 3% since Friday’s market opening. However, the cryptocurrency market has also climbed even though the market is highly correlated with the market’s risk sentiment. Bitcoin and cryptocurrencies, in general, are an easy alternative to the Dollar and have climbed by 4% today.


    Bitcoin and cryptocurrencies, in general, are an easy alternative to the Dollar and have climbed by 4% today


    The total cryptocurrency market capitalization has increased by more than 7% over the past 24 hours, and Bitcoin's market share has climbed to 42.26%.

    Read the first part of the NAGA update: Euro against US dollar: According to NAGA, SVB case is mainly linked to the US market, while Europe may remain untouched| FXMAG.COM

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    Bitcoin/USD 1-Hour Chart on March 13th


    Michalis Efthymiou

    Michalis Efthymiou

    Michalis is a Market Analyst that joined NAGA in February 2022 but has been active within the Financial Services Industry for many years. He worked in London as a Financial Advisor for 5 years, before joining the Forex Industry in 2018. Michalis is CySEC certified, conducting webinars, producing live analysis blogs and articles related to trading as well as economic events.

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