Here’s what happened in crypto today

From Investing.com: 2024-04-27 12:00:12

1. Bitcoin prices surged to a new all-time high of $65,000, driven by increased institutional interest and positive market sentiment.

2. Ethereum also saw a significant price increase, breaking the $2,500 mark for the first time since its inception.

3. Dogecoin experienced a sharp decline in value, dropping by 20% due to a lack of market support and diminishing interest from retail investors.

4. The total market capitalization of the cryptocurrency market reached over $2 trillion, signaling continued growth and adoption in the industry.

5. Regulatory concerns were raised as government officials expressed worries about the potential risks and challenges posed by the increasing popularity of cryptocurrencies.

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