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Why Are Crypto Prices Going Up Today?

  • The cryptocurrency market is showing signs of recovery today, with the total market capitalization rising by 1%.
  • The positive Chaikin Money Flow (CMF) indicator at 0.18 suggests growing investor confidence and bullish momentum.
  • Trump's positive comments about cryptocurrency and his appointments of cryptocurrency-friendly figures have fueled the rise in crypto prices.
  • MicroStrategy's inclusion in the Nasdaq 100 index highlights growing institutional adoption and further boosts the legitimacy of Bitcoin as a store of value.

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