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November 26, 2024

Altcoin Market Soars Amid Bitcoin Dip: Ethereum SAND and XLM Shine

On November 22, Bitcoin hit an all-time high of $98,975.79, accompanied by extreme market excitement. However, its recent drop of around 6.16 percent coincided with a remarkable surge in various altcoins. Notable cryptocurrencies such as Ethereum, Sand, and XLM have gained momentum. In fact, the total market cap for altcoins increased by 2.38 percent during this period. It appears that as Bitcoin cools off, alternative cryptocurrencies are picking up the slack, suggesting a potential shift in market dynamics.

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