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CryptoSlate wMarket Update: Bitcoin climbs above $29k amid new US banking crisis

What happened

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. In the last 24 hours, the cryptocurrency market cap saw net inflows of $60 billion and currently stands at $1.21 trillion — up 5.05%.

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