Bitcoin and other crypto tokens recovered from the previous day's cuts and inches slightly higher. However, the gains were capped as the market sentiments turned further bearish. Bitcoin rebounded from under-$26,000 levels but the lack of new catalysts put a brake on the rally in the markets. Bitcoin remained range-bound alike the previous day as the largest crypto token inched up slightly to firm at $26,000-levels. Ethereum moved on the similar line and paved its position above $1,650-mark. The crypto market has traded sideways with minor gains in the past 24 hours. Polkadot gained more than 3 per cent, while Shiba Inu posted similar gains.
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