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Bitcoin has started the day posting minor gains. At press time, the largest cryptocurrency by market cap is trading at $11,279.14 (+0.92%), according to CoinMarketCap.

Chart of the USD/BTC trading pair from EXANTE

For its part, Ethereum has grown to $391.73 (+2.13%), while XRP has jumped by 3.4% and is now trading at $0.309.

FxPro's team of analysts say:

"Last night, Bitcoin successfully grew to $11,400, however, the price of the crypto has suffered a slight correction and is now at $11,200. According to CoinMarketCap, the trading volume remains stable at $20B. The dominance index is about to fall below 60%, indicating that demand for altcoins is growing faster than for Bitcoin.

The sharp correction suffered by Bitcoin over the weekend has led to the liquidation of more than $1.4B in positions in the main crypto exchanges, according to Bybt.

The greed and fear index has lost 3 points over the last day and is currently in the 'greed' area."

According to CoinMarketCap’s ranking, all currencies on the top 10 are in green.

As for the market cap of all currencies listed in CoinMarketCap, it stays at $344,530,949,051.

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