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Why Did The Crypto Market Jump

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In this video, Crypto Daily talks about the market jump that happened on the 7th of February. He states that the main reasons are the price jump of Litecoin which probably happened because of a tweet from Charlie Lee, the creator of Litecoin, that said they are now working on making the coin more fungible by adding Confidential Transactions, and an SEC commissioner saying that the Bitcoin ETF will be approved eventually. Those two things pulled up the market.

 

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