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Crypto Market Update: Bitcoin and Ethereum Remain Flat as Other Coins Rally, Tether Hits All-Time High Market Cap, Regulatory Talk in Bali, U.S., and Hong Kong, Gemini Expands to UAE, CFTC Proposes Revised Risk Management Rules.

Although the markets showed some growth this week, Bitcoin and Ethereum remained relatively unchanged. Bitcoin increased by 1.8% and briefly reached $28,000 after U.S. lawmakers reached a tentative deal over the debt ceiling. Ethereum outpaced Bitcoin with a 4.1% growth to reach $1,903. Other leading cryptocurrencies did not experience significant losses, but XRP, Solana, Litecoin, and TRON saw gains. Gemini announced its plans to acquire a license to operate in the United Arab Emirates, following its recent expansion to Dublin.

XRP XRP $1.39
-3.38%
XRP Solana CFTC
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