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The cryptocurrency segment continues to be two-faced, with the relative strength of Bitcoin showing stark contrast compared to the broad weakness in altcoins. Selling pressure is still apparent across the board, with a few smaller coins somewhat defying the dominant trend, and most of the majors are trading near their August lows, as the market is trying to establish a more durable bottom.
Thanks to the divergence, and especially the persistent weakness in Ethereum and Ripple, Bitcoin’s dominance is on a new year-to-date high again, passing the 56% mark for the first time since December. The total value of the market is stuck below the $200 billion mark, despite Bitcoin’s stability, as the restructuring of the market continues. Correlations are
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For too long, people have lived in a system that is rigged. A system that makes the poor poorer and the rich richer. In 2009, an invention came into existence which is now shaking up the banking industry – but we still have a long journey ahead of us for financial freedom. Automation and AI will claim more jobs than the first industrial revolution did. Researchers are unsure of the ramifications. Countries are debating citizens’ income to adjust for the lack of jobs due to automation. We believe that people need to plan for their own financial freedom. We will share information on how you can make more money and help you take the right financial decisions for the coming years.
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