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TipRanks 2022-06-22 17:01:44

Coinbase, Applied Blockchain Rise as Bitcoin Hovers At $20K

After dropping below the $20,000 mark on Saturday, Bitcoin (BTC-USD) has managed to stay above the psychologically critical $20,000 level so far this week. The crypto world’s bellwether currency has gained 0.6% over the past week and now has a market capitalization of about $386.8 billion. The other major name, Ethereum (ETH-USD), is also up 5.5% over the past week and now has a market cap of $141.54 billion. Furthermore, both Coinbase (COIN) and Applied Blockchain (APLD) closed higher yesterday. Meanwhile, after crypto lender Celsius’ troubles, two more names have seen their fortunes change amid the turmoil in crypto.

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