Bitcoin and Ether dipped in Tuesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies, as Wall Street fell overnight on concern the Fed may crank up interest rates for longer than expected. Solana led the losers. Despite the dip in Bitcoin, asset managers are holding large long positions in the world’s biggest cryptocurrency as of Jan. 24, according to the latest report by the U.S. Commodity Futures Trading Commission (CTFC). The crypto market capitalization fell 0.3% to US$1.06 trillion, with total trading volume down 1.9% to US$47.9 billion. (forkast)
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