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regulatory environment toward digital assets.Crypto market returns today exhibit a power law distribution, where a few top performers can significantly boost a portfolio's overall results, says Felician Stratmann.Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are "more sensitive" to the election results.Thursday's bullish trading range marks an end of the recent consolidation and a resumption of the rebound from lows under $53,000.The market cap of altcoins rose 5.7% after the central bank announced it would lower interest rates by 50 basis points.
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