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MARKET UPDATE ✅️

$BITCOIN’s daily transaction fees have just reached an all-time high, with transaction fees as high as $23.6 million in one day. $BITCOIN Ordinals are the major cause of this sudden rise in transaction fees.

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BTC DOMINANCE UPDATE ✅️

$BITCOIN Dominance has dumped from 55.5% to 52% since we published a Rising Wedge pattern. The first target was reached, altcoin gifted us great profits!

However, as I can assume, only #ETH rally can help us in reaching the second target. Most of regular alts are overbought, they need some correction. $ETHEREUM rally could be the сlosing act of the current local season.

P.S. There are also chances of Bitcoin rally up to $48,000 - $50,000 with the following instant dump, but this option is less likely to happen.

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MARKET UPDATE ✅️

Digital asset investment products saw inflows totalling $103M last week.

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