Market Cap Back At $1T After Bitcoin Lost 14% Weekly (Market Watch)

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The total cryptocurrency market cap is getting closer to breaking below the coveted $1 trillion level as BTC lost about 14% over the past week.

The cryptocurrency market is going through a rough patch, with the last few days seeing billions wiped off its total capitalization. Bitcoin has pulled below $21K once again.

All in all, the market cap is closing in on $1 trillion once again, and it’s interesting to see if the coveted level will hold.At the time of this writing, the leading cryptocurrency has once again pulled back below $21,000 and is charting a decline of 2.2% in the past 24 hours alone.Over the past day, Bitcoin’s dominance – the metric that’s most commonly used to gauge the cryptocurrency’s share relative to that of the entire market – increased by almost 0.5%.

However, the entire market is looking particularly shaky at the moment. With this week’s uncertain opening, the total losses for Bitcoin over the past week amount to about 14%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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