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Bitcoin above $29,000; Ethereum holds $1,850; Shiba Inu & Dogecoin fall up 3%

Bitcoin traded flat, while other top crypto tokens were mostly down on Tuesday. Crypto options traders are betting against price turbulence, and BTC is unlikely to get a bullish catalyst. Traders are awaiting key inflation data from the US due later in the week, which will give trends for the future. Ethereum was trading lower, falling about half a per cent but did not breach $1,800-levels. Price action in the major altcoins was on the downside in the early hours. The crypto fear and greed index, however, has jumped 5 points. The global cryptocurrency market cap was trading slightly lower, falling up to $1.16 trillion-mark as it fell less than half-a-per cent in the last 24 hours.


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