Rise of smaller rivals throws up fresh challenge to bitcoin

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Rise of smaller rivals throws up fresh challenge to bitcoinCollectively, 'altcoins' are gaining ground on their bigger cousin. Bitcoin now accounts for around 60% of the $240 billion crypto market, down from nearly 90% just over two years ago. Bitcoin has almost doubled in value this year, rallying nearly 30% in recent days to touch its highest level in ten months on Tuesday.


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