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What happened in crypto today: Bitcoin-led rally, CLARITY Act repricing and more

What happened in crypto today: Bitcoin-led rally, CLARITY Act repricing and more

Today in crypto, the market mostly moved upward as investor confidence improved.

From a technical standpoint, total crypto market cap saw nearly $40 billion in intraday inflows, with around 75% flowing into Bitcoin [BTC], making the move clearly BTC-led. BTC itself gained about 1.66%, breaking back above the $80k level for the first time since losing it in early January.

Overall, the market is back in a risk-on mode, but sentiment still doesn’t fully align yet. The Fear & Greed Index is still sitting below the “greed” zone by roughly 12 points, which is usually where strong accumulation phases start showing up, especially after BTC breaks a key supply level. If sentiment doesn’t catch up soon, a short-term cooling or…

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