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Another day in crypto, another leg down! Tokens bled out on Monday, with the total crypto market cap (TOTAL) declining by 3.1% on the day. When will crypto prices find support?
Sell pressure from Grayscale’s
Bitcoin Trust (GBTC) redemptions has contributed to the crypto markets’ downward trajectory. The investment manager deposited an additional $623M BTC to
Coinbase this morning when US markets opened, bringing their total deposits to $2.7B.
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