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Crypto Market Update

Market Cap: $239 B

BTC Dominance: 66%

BTC: $8,758

ETH: $185

XRP: $0.271

Bitcoin went through a busy week and it lost the key support level at $9,000. This happened in a sudden move downwards which brought its price to where it currently trades at around $8,700. However, the volatility continues, and traders who've taken up leveraged positions might be in trouble as it's quite challenging to keep up with the market that are historically volatile like November.

On the other hand, Bakkt's volume continues to increase steadily. This could suggest that institutions are waiting for a lower price to make their entry. Yet, it's clear that Bakkt's impact on the market wasn't what many expected. Instead, it was news from China which brought the market up.

Full Market Report & Analysis

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Remember November: High BTC Volatility
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