Bitcoin rallied sharply as increased institutional interest, a weakening in the dollar, and the impact of lawsuits in the US began to wear off. It saw a daily gain of 7.4 percent, above $ 28,900. In addition, the share of Bitcoin's market value, also known as 'Bitcoin dominance', in the total crypto money market saw 50 percent for the first time in 2 years.
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Bitcoin rallied sharply as increased institutional interest, a weakening in the dollar, and the impact of lawsuits in the US began to wear off. It saw a daily gain of 7.4 percent, above $ 28,900. In addition, the share of Bitcoin's market value, also known as 'Bitcoin dominance', in the total crypto money market saw 50 percent for the first time in 2 years.
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