Why is the crypto market down today? BTC briefly slips below $27k

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The most probable explanation is that Ether is being injected into other better-rewarding sectors.This latest upswing has led to an increase in the tokens market capital that has now crossed $310 billion.

Crypto analysts believe the recent upsurge was fuelled by the report that the European Investment Bank (EIB) intends to initiate a digital bond sale on the Ethereum network.

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