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"Despite fears of inflation, rising interest rates, and geopolitical tensions, Bitcoin has continued to thrive, reaching a new all-time high of $112,000. The altcoin market, however, is still struggling to catch up, with the TOTAL Altcoin Market Cap remaining 30% below its 2021 peak. Analyst Daan notes that the altcoin market's underperformance stems from its failure to break above a key horizontal resistance zone, and that Bitcoin's dominance is likely to continue until that level is breached."
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