The global cryptocurrency market cap rose 0.7% to $983.3 billion at 8:20 p.m. EDT on Thursday evening. Major coins were largely muted, in line with other risk assets. Bitcoin is giving back some of yesterday’s gains as risky assets declined following a double dose of hawkishness from the Fed Chair Powell and ECB president Lagarde. The Federal Reserve Chair Jerome Powell cautioned strongly against loosening the monetary policy prematurely at the Cato Institute, a libertarian think tank, reported CNBC.com/Cato. Glassnode: The action continues with over $6.12 billion in outstanding Open Call Options stand at $25, which makes a Call/Call Ratio of 0.25, according to the on-chain analysis firm. . . .
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