Although Bitcoin briefly dipped below USD8000 on the weekend following the rejection of the Winklevoss ETF application, the cryptocurrency has held strong at around USD8150 at press time.
However, the valuation of the wider crypto market has dropped slightly from USD300 billion to USD295 billion. At the same time, Bitcoin has increased its dominance index over other cryptos to 47.5%, its highest level since Jan-2018 when its price was around USD19,000.
Stay updated here with how the cryptocurrency is tracking:
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