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Banks Take a Beating as Bitcoin Surges on Archegos Sell-Off

Banks Take a Beating as Bitcoin Surges on Archegos Sell-Off



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  1. tldr; Crypto market cap rose 3.7% to $1.87 trillion overnight, according to Nomics. Bitcoin is up 3.4% to around $58,000 after a choppy weekend. Ripple and Ripple XRP also saw gains thanks to a spate of positive news. HEX, up 5.8% and Chainlink up 2.8%.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. I know that everything is technically connected because we don’t live in a vacuum, but what is the intrinsic connection between these two events other than the fact that they happened around the same time?

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Market cap, record for the crypto sector and bitcoin

Market cap, record for the crypto sector and bitcoin

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