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Global Market Cap Drops 1.39% in Correction Phase, Bitcoin and Altcoins Record Losses

The global market cap has decreased by 1.39% in a day of trading, bringing the total cap to $1.13T and causing a correction phase in today's market session. Bitcoin has also experienced a small correction, dropping by 1.6% within a day of trading and facing new resistance at $28K.

Ethereum is also facing a turbulent session with a daily drop of 1%, while altcoins like Ripple, Dogecoin, Polygon, and Avalanche have all recorded losses of closer to 2% within a day's trading. However, Litecoin has withstood the bearish trend, recording a mild gain of close to 1% within the same period. Lido DAO and Troll Face are among the top gainers in today's session.

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