Bitcoin Breaks $30k and Winklevoss Twins Loan $100M to Gemini
Crypto markets rallied last night and this morning as BTC broke above $30,000 for the first time since June last year. At the time of writing, BTC is up 1.57%, ETH is up 0.09%, and SPX and NDQ are down 0.04% and 0.71%, respectively. Bitcoin continues to outperform relative to most of the crypto market – the Bitcoin Dominance ratio is up 0.45% today and has reached its highest level in two years at 48.54%. Despite Bitcoin’s dominance run, a couple of altcoins are outperforming. Alt layer ones SOL and FTM are up 10.77% and 3.72%, and Bitcoin smart contract platform, STX, is up 4.69%.
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