Bitcoin stays firm as alt coins stall [Video]

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Cryptocurrencies were held in tighter ranges during Monday while overall sentiment remained robust.

Bitcoin dipped to test the $56,000 support area before a rebound to 6-month highs around $57,500.

Bitcoin held gains despite comments from JP Morgan’s Dimon that there would be increased regulation and that the coin was essentially worthless.

Ether posted net gains, but failed to hold above $3,600.

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