Published On: Thu, Apr 12th, 2018

Cryptocurrency Market Cap Clips $300 Billion as Bear Trap Liquidates Shorts

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The cryptocurrency market cap briefly clipped the $300 billion mark on Thursday, a phenomenon that occurred as the result of an apparent bear trap in the Bitcoin futures markets. Fueled by a dramatic Bitcoin price rally, the cryptocurrency market cap surged by more than $30 billion, peaking at $301.8 billion before settling back down to
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