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Delving into the recent performance of cryptocurrencies, this article discusses the market's recovery, the struggle of Bitcoin, and the fluctuating prices of altcoins.
Investors see the current dip in Bitcoin price as a buying opportunity, despite the weak interest. These prices could yield profits. The daily volume in the cryptocurrency market has once again surpassed $70 billion, requiring the liquidation of over $700 million in futures positions. With volatility returning, investors could reenter the market if the volume remains strong.