RATE Group | Let the Santa rally begin
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Let the Santa rally begin

15 Dec Let the Santa rally begin

Posted at 04:30h in Bitcoin News by

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  • Bitcoin and major coins are stuck in tight ranges.
  • Regulators are looking into crypto regulation and stablecoins.
  • The market is waiting for Santa’s rally, which may not happen after all.
  • The poll of experts improved since the previous week.

The cryptocurrency market has been painfully slow this week. With some notable exceptions like Tezos, Chainlink, and Matic, Bitcoin (BTC) and major altcoins were oscillating in tight ranges with a bearish bias. The recovery attempted at the beginning of the week failed on approach to local resistance levels, which was interpreted by some cryptocurrency experts as evidence of bulls’ weakness. 

The total capitalization of all digital assets in circulation has hardly changed in the recent seven days, while Bitcoin’s market share decreased from 66.9% to 66.6% due to the strong growth of the simple of the above-mentioned altcoins. 

Several regulatory topics came up to the agenda this week

The United States and Europe are…

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