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Hello SteemAlliance community!

The crypto market has been a rollercoaster ride in recent weeks with Bitcoin experiencing significant drops and gains. In the past 24 hours, Bitcoin has tried to recover some of its lost value but has been stopped in its tracks and is currently trading at $22300.

Altcoins have remained relatively stagnant on a daily scale, with most experiencing minor losses. However, QNT is among the few altcoins that have seen notable gains adding 3% of value and trading close to $130.

Despite the recent market volatility the crypto market cap has managed to defend the coveted $1 trillion line. This means that the total value of all cryptocurrencies combined has remained above $1 trillion. Its worth noting that this number represents the entire crypto market, and individual cryptocurrencies can still experience significant price swings.

Its important to note that the recent market movements could be attributed to a variety of factors including regulatory concerns, news events, and market sentiment. Crypto analysts continue to debate the potential reasons behind Bitcoins recent drop and subsequent recovery.

Overall, the crypto market remains highly volatile and investors should always exercise caution when investing in cryptocurrencies. While the potential for significant gains exists, so does the potential for significant losses.

Thats all for now. Stay tuned for more updates on the crypto market and other related topic.

THANKS FOR READING