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Bitcoin Dominance Reaches 58.9% as Cryptocurrency Market Evolves
- Bitcoin dominance reaches 58.9%, a cycle high not seen since April 2021
- Bitcoin price nears $70,000, rising 10% in the past week
- Total crypto market cap increases to $2.41 trillion, largely due to Bitcoin’s performance
- ETH/BTC ratio at 0.0385, lowest since April 2021, indicating weak Ethereum performance
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