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Crypto Update | SEC’s Gensler Reiterates Bitcoin Alone Is a Commodity. Is He Right?

Markets Outlook

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Bitcoin, BitCoin and Cryptocurrency Markets - Market's Daily

Bid coin fell towards the 19 thousand dollar level in asian afternoon hour on wed Wednesday. The asset is on track for a record forty % monthly decline. Other large crypto currencies also weakened, with ether dropping sharply and salana sol token falling as much as 11%. Total crypto currency market capitalization lost a further four point three %. In traditional markets, federal reserve chairman jerome powell reiterated the us. Central bank's commitment to rapidly increasing interest rates in an effort to curtail inflation.

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