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Crypto

Bitcoin Surges Above $80K as Crypto Market Cap Hits $2.75 Trillion

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BTC
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The cryptocurrency market has seen significant gains over the past day, with the total crypto market cap rising by 4.49% to $2.75 trillion.

This surge is largely attributed to Bitcoin's price increase of 5%, pushing it above the $80K mark.

According to recent data, $159 million has flowed into spot Bitcoin ETFs, further contributing to the buying pressure.

The influx of short liquidations has also added to the upward momentum in the market.

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