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Bitcoin holds over $42,000; Avalanche, Internet Computer shed up to 3%

Cryptocurrency markets traded marginally lower today, dragged by Bitcoin, Ethereum, Cardano, and Avalanche. However, over the weekend, Bitcoin surged over $42,000 level, and other altcoins also saw gains. At 11.39 a.m., Bitcoin was trading 0.84% lower at $42,164, while Ethereum was down 1.05% at $2,266. Other popular altcoins, such as Avalanche, Cardano, Internet Computer, Shiba Inu, Polygon, and Dogecoin fell 1-3%. The global cryptocurrency market cap fell 0.92% to around $1.62 trillion in the last 24 hours. However, the total trading volume increased more than 13% to $40.16 billion. In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, fell to $828 billion.


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