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The cryptocurrency market extended the sell-off that began after Ethereum´s merge during the weekend and the total capitalization of all tokens is now closer to $900 billion than $1 trillion. The global value of these assets gave up this mark last week, as soon as the blockchain technology migration of smart contracts was completed, leading to a 'sell the news' event. After an initial lull, when the shift from consensus to proof-of-stake model was successfully completed, investors began to unload their positions in Ether - the Ethereum network unit - Bitcoin and other 'altcoins'.
