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Crypto

Crypto Market Regains Momentum as Bitcoin Surges Past $64K

Guavy AI Editorial Team
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BTC
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The cryptocurrency market has regained momentum, reaching $2.19T in capitalization and matching levels seen at the end of last week.

This comes despite a weakened correlation between cryptocurrencies and US equities, with many coins showing a negative correlation.

Bitcoin has been leading the charge, rising to $64.3K after bulls provided support during a dip to local lows around $62.5K on Monday.

The 50-day moving average remains a crucial level for the market, and Bitcoin's price action suggests that it may be gaining traction in its battle with this key resistance level.

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