SBF Pleads Not Guilty, DCG-Gemini Fiasco Escalates, Bitcoin Stable Amid $17K: This Week's Crypto Recap

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SBF Pleads Not Guilty, DCG-Gemini Fiasco Escalates, Bitcoin Stable Amid $17K: This Week's Crypto Recap
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SBF pleaded not guilty and had his trial date set for October this year. Gemini fired shots against Digital Currency Group. Bitcoin remains stable among all of it.

The total cryptocurrency market capitalization managed to increase by around $17 billion in the past seven days. Interestingly enough, the gains came mostly on the back of altcoins. This is highlighted in the declining Bitcoin dominance – a metric that’s commonly used to gauge BTC’s share relative to that of the rest of the market.

While there are plenty of reasons for Solana’s increase, perhaps a leading one played the newly-created memecoin called Bonk Inu . It soared throughout the past seven days, driving massive volume and increasing overall activity on the Solana network. However, today, BONK has been charting devastating losses.

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