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Market Update: #Can BTC Break $110K?
When asked about the state of the currencies, the truth is that it has gone from bad to worse. There is no positive indicator so far, and with the drop in the last two days, the situation has become much worse for the currencies.
The matter is only related to the Bitcoin dominance rate, and when it dropped by 3%, all of it went to Ethereum. Therefore, we saw a very strong surge for Ethereum, and currently, Bitcoin has regained its dominance rate once again.
The situation is currently unclear and requires more patience.