Bitcoin trades over $20,000 as crypto market cap regains $1 trillion

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Bitcoin trades over $20,000 as crypto market cap regains $1 trillion
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The majority of cryptocurrency prices continued to tick upwards on Tuesday after outperforming U.S. stock indexes on Monday.

Meanwhile, ether was trading at $1,376 on Tuesday — up 4.3% in the past day — according toEther has traded down since Ethereum's move to proof of stake, which JP Morgan attributed to be a combination of"buy-the-rumor, sell-the-news" and a broader weakness in risk assets in light of more hawkish central banks.

The S&P 500 closed red for the fifth consecutive day; it hasn't closed red six days in a row since 2020. Equity futures were up on Tuesday, with both the S&P 500 and the Nasdaq composite up a little more than 1% at the time of writing.that the Nordstream 1 and 2 pipelines have leaked into the Baltic sea overnight.

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