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Bitcoin and Ether Gain as Investors Flee Altcoins for Safety

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Bitcoin and Ether, the two largest cryptocurrencies by market capitalization, are posting gains while most other digital assets decline. The broader altcoin market is falling out of favor with traders, who appear to be shifting capital toward more established tokens. Among the CoinDesk 20 index constituents, only Bitcoin and Ether are trading in positive territory. This trend reflects a risk-averse sentiment in the crypto market, with investors seeking relative safety in the most liquid and widely recognized assets.

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