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Bitcoin barrels toward historic January as crypto market jumps by $280 billion
Bitcoin is set for a decade-best January with bets that monetary tightening and crypto crises are both receding.
By Joanna Ossinger
Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing.
The largest token is up over 40% since the turn of the year, a first-month gain bettered only twice before when crypto was in its infancy. Smaller coins like Solana, Axie Infinity and Decentraland have doubled in value, part of a $280 billion January climb in digital assets overall, CoinGecko figures show.
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