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Bitcoin price remains at $112,000, institutional change and fear drive the altcoin revolution

Source: CoinWorld
Against the backdrop of a widespread market turn to altcoins, Bitcoin prices remained at the psychological resistance level of $112,000, with a fear and greed index of 44, indicating cautious market sentiment. XRP and ADA are gaining popularity among institutional investors, and XRP is expected to attract $5-8 billion inflows after its ETFs are approved and regulatory reclassified, while ADA's custodial positions surged 300% to $1.2 billion. MAGACOIN FINANCE has raised $13.5 million in pre-sales using deflation models and increasingly active whale investors. Bitcoin’s dominance has dropped to 59%, indicating that the market is being driven by institutional investors and retail investors, showing a diversified development trend.
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