The crypto market saw significant gains in prices on Monday, with most major cryptos in positive territory. Bitcoin was trading near $28,000, indicating renewed investor confidence in the crypto. Ethereum and XRP also saw gains, while meme coins like Dogecoin experienced a slight decrease in price. The broader crypto market rallied, with the global crypto market cap up 2.22% to $1.08 trillion and the fear and greed index at 41, suggesting a move towards a neutral phase. Pepe Coin, Stacks, Bitcoin SV, and eCash were among the top gainers for the day.
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