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Why is the crypto market up today? By Cointelegraph

November 10, 2023
in Cryptocurrency
Reading Time: 1 min read
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Why is the crypto market up today? By Cointelegraph

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Why is the crypto market up today?

The crypto market is up in the present day as (BTC), Ether (ETH), (), (SOL) and quite a few altcoins rallied as buyers’ optimistic sentiment towards crypto continues to rise. The optimistic development was led by Ether, which hit a 6-month excessive after information that BlackRock’s spot ETF for the Nasdaq was confirmed.

Crypto efficiency map. Coin360

Let’s look at three main components influencing in the present day’s crypto market rally.

Bitcoin Concern & Greed Index. Supply: Different.me
Whole crypto market buying and selling quantity. Supply: Newhedge
Crypto market TVL. Supply: DefiLlama
Bitcoin returns by month. Supply: Newhedge

Proceed Studying on Cointelegraph

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