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Crypto Market Watch: Ripple Spikes 5%, Bitcoin Fights At $40K

Yet again, the cryptocurrency market is predominantly in the red as Bitcoin (BTC) struggles to reclaim the  $40K mark. On the other hand, major altcoins like Ripple (XRP) and Dogecoin (DOGE) marked some gains and are up respectively by 5% and 4%.
Bitcoin Hovering at $40K
Despite some green movements, the first half of April has not been gentle to the crypto markets. Bitcoin, for one, started the month at nearly $46,000. Since then, it passed through some significant turbulence and, at one point, dropped below $40K.
Yesterday (April 14) was a relatively positive day for the leading digital asset as it maintained $41K and even crossed $42K at some point. Nonetheless, earlier today, following the red trading session on Wall Street, the bears took control and pulled BTC below $40,000 once again.
BTC managed to recover some of the losses and is currently trading at slightly more than $40K, which is approximately 2.5% less than its USD valuation 24 hours ago. Its total market capitalization

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