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Bitcoin Market Dominance Nears 60% Amid $2T Haircut, $SOL Flipping PayPal, and Price Surge

Bitcoin's market dominance is approaching 60%, with many speculating whether it will soon reach an all-time high
By: DeepNewz • October 28, 2024
Bitcoin Market Dominance Nears 60% Amid $2T Haircut, $SOL Flipping PayPal, and Price Surge

Bitcoin's market dominance is approaching 60%, with many speculating whether it will soon reach an all-time high. The cryptocurrency has seen a price jump ahead of key US inflation and jobs reports.

Analysts are predicting a significant future for Bitcoin, with some models suggesting it could become a global reserve asset by 2050, potentially reaching a price target of $3 million. Additionally, there has been a $2T haircut in the market, and $SOL is flipping PayPal.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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