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Bitcoin Cash

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$9.35B
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Bitcoin BIP-110 Debate Erupts as F2Pool Co-founder Condemns Dangerous Ideological Shift
BitcoinWorld Bitcoin BIP-110 Debate Erupts as F2Pool Co-founder Condemns Dangerous Ideological Shift A prominent mining executive has ignited a fierce debate within the Bitcoin community, accusing staunch supporters of a core protocol proposal of fostering a damaging religious ideology that stifles progress. Wang Chun, co-founder of the global mining pool F2Pool, launched a pointed critique on social media platform X, targeting what he describes as a dogmatic faction within Bitcoin maximalism. His comments specifically address the ongoing controversy surrounding Bitcoin Improvement Proposal 110 (BIP-110), a technical upgrade that has become a symbolic battleground for the soul of the world’s first cryptocurrency. This clash highlights a fundamental tension between preserving Bitcoin’s original design and adapting it for a broader technological future. Bitcoin BIP-110 Proposal Sparks Core Philosophical Divide At the heart of the controversy lies BIP-110, a formal proposal to establish a Peer-to-Peer Encrypted Transport Layer for the Bitcoin network. Proponents argue this layer enhances privacy and security for node communication. However, the debate has transcended its technical merits. For many, BIP-110 represents a purity test. Supporters often view it as essential for maintaining Bitcoin’s decentralized and secure base layer, or “Layer 1.” Conversely, opponents frequently advocate for building scalability and complex functionality—like decentralized finance (DeFi)—on secondary networks, or “Layer 2” solutions like the Lightning Network. Wang Chun’s criticism centers on the rhetoric used by some BIP-110 advocates. He asserts they frame any alternative development path not just as inferior, but as a hostile attack. This framing, he argues, replaces technical discourse with moral condemnation. F2Pool Co-founder Wang Chun Issues Blunt Critique In his detailed social media post, Wang Chun, whose pool controls a significant portion of Bitcoin’s global hash rate, did not mince words. He stated that certain factions have transformed Bitcoin from a “revolutionary economic idea” into a “quasi-religious ideology.” This shift, according to Wang, has practical consequences. He claimed that attempts to discuss scalability or new functionality are often dismissed out of hand as “altcoin propaganda.” This defensive posture, he suggested, serves to conceal a lack of substantive innovation from within certain maximalist circles. Furthermore, Wang contrasted this stance with developments elsewhere in the blockchain ecosystem. He noted that while other sectors actively build DeFi applications, privacy tools, and payment infrastructure, some Bitcoin maximalists remain preoccupied with acting as “gatekeepers.” Their primary focus, he argued, seems to be maintaining a confrontational stance rather than solving tangible user problems like transaction costs or speed. The Historical Context of Bitcoin’s Governance Battles This is not Bitcoin’s first major ideological schism. The community has a long history of heated debates over its technical direction. The most famous example remains the “Blocksize War” of 2015-2017, a conflict over increasing the data limit per block to allow more transactions. That battle ultimately led to a hard fork, creating Bitcoin Cash. Similarly, the adoption of Segregated Witness (SegWit) in 2017 was a protracted and contentious process. These events established a pattern where technical upgrades become proxies for deeper philosophical disagreements about decentralization, security, and usability. The BIP-110 discussion fits squarely within this tradition. It raises familiar questions: Should Bitcoin’s base layer remain minimal and immutable, or should it evolve to incorporate more features directly? The table below summarizes key past and present debates: Debate Core Issue Outcome Blocksize War (2015-2017) Increasing transaction throughput on Layer 1 Hard fork creating Bitcoin Cash; Bitcoin retained small blocks. SegWit Adoption (2017) Fixing transaction malleability and enabling Layer 2 Activated after long debate; enabled Lightning Network. Taproot Upgrade (2021) Enhancing privacy and smart contract flexibility Successfully activated with broad consensus. BIP-110 / Layer 2 Focus (Present) Base layer utility vs. building on secondary layers Ongoing ideological and technical debate. Experts note that while past debates were often heated, the current discourse carries new stakes. The cryptocurrency landscape in 2025 is vastly more competitive. Ethereum and other smart contract platforms have captured significant market share in DeFi and NFTs. This external pressure intensifies internal discussions about Bitcoin’s role. Is it purely “digital gold,” or should it also be a platform for innovation? Wang Chun’s comments reflect a growing concern that ideological rigidity could leave Bitcoin behind. Analyzing the Impact on Bitcoin’s Development Trajectory The repercussions of this ideological clash extend beyond online arguments. Development momentum, investor perception, and miner alignment are all at play. Firstly, developer activity could be affected. Talented programmers may choose to work on more permissive chains if they feel their contributions to Bitcoin are met with ideological hostility rather than technical review. Secondly, the narrative impacts institutional adoption. Large entities considering Bitcoin for treasury reserves or payment systems may be wary of a community perceived as fractious and resistant to improvement. Finally, miners like F2Pool play a crucial role. They signal support for upgrades by running specific software. A divide between large mining pools and vocal community factions can lead to stagnation. Key points of impact include: Development Pace: Fear of community backlash may slow down or halt proposal submissions. Network Effects: A “walled garden” mentality could limit integration with broader fintech and Web3 ecosystems. Security Model: Over-reliance on a single, unchanged protocol could have unforeseen long-term security implications if cryptography advances. Industry analysts observing the situation stress the importance of separating zealotry from principled defense. Protecting Bitcoin’s core value propositions—decentralization, censorship-resistance, and sound monetary policy—is universally seen as critical. However, the method of that defense is now in question. Is it through absolute preservation of the status quo, or through careful, consensus-driven evolution that addresses real-world needs? The community’s answer will shape Bitcoin’s next decade. Conclusion The critique from F2Pool’s Wang Chun has sharply illuminated a persistent fault line in the Bitcoin community. The debate over BIP-110 and the broader philosophy of Bitcoin maximalism is fundamentally about governance and identity. While preserving the foundational principles that made Bitcoin revolutionary is paramount, the accusation that this preservation has morphed into a counterproductive religious ideology carries significant weight. The path forward likely requires balancing unwavering commitment to security and decentralization with a pragmatic openness to innovation, whether on Layer 1 or Layer 2. The resolution of this Bitcoin BIP-110 conflict will not only determine a technical outcome but also signal whether the community can navigate growth without succumbing to dogma. The health of the entire network may depend on its ability to engage in constructive, rather than confrontational, dialogue about its future. FAQs Q1: What is BIP-110? BIP-110 is a Bitcoin Improvement Proposal that suggests adding a native Peer-to-Peer Encrypted Transport Layer to the network’s protocol. Its goal is to enhance the privacy and security of communication between Bitcoin nodes. Q2: Who is Wang Chun and why is his opinion important? Wang Chun is the co-founder of F2Pool, one of the world’s largest Bitcoin mining pools by hash rate. As a major miner, his views carry weight because miners are responsible for securing the network and signaling support for protocol upgrades. Q3: What is Bitcoin maximalism? Bitcoin maximalism is a belief that Bitcoin is the only legitimate and necessary cryptocurrency. Maximalists typically argue that other digital assets are inferior, unnecessary, or even harmful, and that all value and innovation should accrue to the Bitcoin ecosystem. Q4: What are Layer 2 solutions? Layer 2 solutions are secondary frameworks or protocols built on top of a blockchain (Layer 1). For Bitcoin, the primary example is the Lightning Network, which enables fast, cheap micropayments by handling transactions off the main chain and settling periodically. Q5: How does this debate affect ordinary Bitcoin users? This debate influences the direction of Bitcoin’s development. If innovation is stifled, users may not see improvements in transaction speed, cost, or functionality. Conversely, if changes are made recklessly, it could compromise the security and stability that users rely on. The outcome shapes the utility and value proposition of Bitcoin itself. This post Bitcoin BIP-110 Debate Erupts as F2Pool Co-founder Condemns Dangerous Ideological Shift first appeared on BitcoinWorld .
bitcoinworld·7h ago
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T. Rowe Price Crypto ETF Filing: A Strategic Move for Mainstream Digital Asset Adoption
BitcoinWorld T. Rowe Price Crypto ETF Filing: A Strategic Move for Mainstream Digital Asset Adoption In a significant development for digital asset markets, investment management giant T. Rowe Price has formally filed with the U.S. Securities and Exchange Commission to launch an actively managed cryptocurrency exchange-traded fund. This T. Rowe Price Active Crypto ETF filing represents a pivotal moment for institutional crypto adoption. The proposed fund specifically targets a diversified portfolio of 15 major cryptocurrencies, signaling a mature approach to this volatile asset class. This move follows a period of intense regulatory scrutiny and growing investor demand for regulated crypto exposure. T. Rowe Price Crypto ETF Filing Details and Structure T. Rowe Price Associates, Inc. submitted its S-1 registration statement to the SEC on [Insert Date Based on Current News]. The filing outlines the structure of the T. Rowe Price Active Crypto ETF. Unlike many proposed spot Bitcoin ETFs, this fund will be actively managed. Consequently, portfolio managers will make deliberate decisions about asset allocation and timing. The fund’s objective is long-term capital appreciation through direct investment in a select basket of cryptocurrencies. The proposed portfolio includes fifteen digital assets, providing broad exposure across different blockchain sectors. The core holdings are Bitcoin (BTC) and Ethereum (ETH) , which typically form the foundation of institutional crypto strategies. Additionally, the fund plans to invest in major layer-1 platforms like Solana (SOL), Cardano (ADA), Avalanche (AVAX), and Polkadot (DOT). The selection also encompasses payment-focused currencies such as XRP, Litecoin (LTC), and Bitcoin Cash (BCH). Notably, the list includes meme-inspired assets Dogecoin (DOGE) and Shiba Inu (SHIB), alongside interoperability token Chainlink (LINK), enterprise blockchain Hedera (HBAR), payment network Stellar (XLM), and the newer Sui (SUI) network. This diversified approach aims to capture growth across the evolving crypto ecosystem while mitigating single-asset risk through professional management. The Regulatory Landscape for Cryptocurrency ETFs The SEC’s approval process for cryptocurrency-related investment products remains rigorous. Historically, the commission has approved futures-based Bitcoin ETFs but hesitated on spot market products until recent landmark decisions. An active management strategy, as proposed by T. Rowe Price, introduces a different regulatory consideration. The fund’s managers would provide ongoing oversight, a factor the SEC may view favorably compared to passive products. Several other asset managers have similar applications pending. The entrance of a firm with T. Rowe Price’s reputation and $1.4 trillion in assets under management adds considerable weight to the sector’s legitimacy. Furthermore, the filing indicates a belief that regulatory clarity is improving. The application will undergo a standard review period, during which the SEC may request additional disclosures or modifications. Market analysts note that successful launches of spot Bitcoin and Ethereum ETFs have paved a regulatory pathway. However, a multi-asset, actively managed fund represents a new complexity. The SEC will scrutinize custody arrangements, valuation methodologies, and liquidity provisions for all fifteen underlying assets. T. Rowe Price’s established operational infrastructure may help address these concerns. Expert Analysis on the Fund’s Market Impact Financial experts highlight several potential impacts of this filing. Firstly, it provides a familiar, regulated vehicle for financial advisors and institutional investors who remain cautious about direct crypto ownership. Secondly, active management could appeal to investors seeking to navigate the crypto market’s high volatility without making individual asset selections. The fund’s diversified basket also reduces idiosyncratic risk associated with any single cryptocurrency. “The filing by T. Rowe Price is a testament to the growing institutionalization of digital assets,” stated a managing director at a major financial research firm. “It moves the conversation from speculative trading to strategic portfolio allocation. An active ETF structure allows for tactical responses to market events, technological developments, and regulatory changes, which is crucial in this space.” The fund’s success could encourage other traditional asset managers to launch competing products, increasing overall market liquidity and stability. Comparative Analysis: Active vs. Passive Crypto Funds The crypto ETF landscape is evolving rapidly. Understanding the difference between active and passive strategies is key for investors. Active Management (T. Rowe Price’s approach): Portfolio managers actively select and weight assets based on research, market outlook, and risk assessment. This aims to outperform a simple index. Passive Management (Most spot Bitcoin ETFs): The fund simply holds an asset (like Bitcoin) to track its price. There is no attempt to outperform through trading. The active approach typically involves higher expense ratios to cover management costs. However, in a nascent and inefficient market like cryptocurrency, skilled active management could potentially add significant value by avoiding downturns in specific assets or capitalizing on emerging trends within the fund’s mandate. Conclusion The T. Rowe Price Active Crypto ETF filing marks a sophisticated next step in the integration of digital assets into the traditional financial system. By proposing an actively managed, multi-currency fund, T. Rowe Price is catering to investor demand for professional oversight and diversified exposure. The SEC’s review of this application will be closely watched, as its decision will signal the regulatory appetite for complex crypto investment vehicles. Ultimately, the launch of such a fund could provide a critical bridge for mainstream investors, combining the innovation of cryptocurrency with the trusted framework of a seasoned asset manager. The T. Rowe Price crypto ETF initiative underscores the irreversible trend of digital asset maturation. FAQs Q1: What is the T. Rowe Price Active Crypto ETF? The T. Rowe Price Active Crypto ETF is a proposed exchange-traded fund that would invest in a portfolio of 15 cryptocurrencies. It is an actively managed fund, meaning investment professionals make decisions about which assets to buy and sell, unlike passive funds that simply track an index. Q2: What cryptocurrencies will the ETF hold? According to the S-1 filing, the fund plans to invest in Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Litecoin (LTC), Polkadot (DOT), Dogecoin (DOGE), Hedera (HBAR), Bitcoin Cash (BCH), Chainlink (LINK), Stellar (XLM), Shiba Inu (SHIB), and Sui (SUI). Q3: Has the ETF been approved yet? No. T. Rowe Price has filed an S-1 registration statement with the SEC, which is the first formal step. The SEC must review and approve the application before the fund can launch and be listed on an exchange. This process can take several months. Q4: How is an active crypto ETF different from a spot Bitcoin ETF? A spot Bitcoin ETF holds only Bitcoin and aims to track its price. The proposed T. Rowe Price ETF is actively managed, holds multiple cryptocurrencies, and employs a strategy where managers attempt to outperform the market through selective buying and selling. Q5: Why is T. Rowe Price’s filing significant? T. Rowe Price is a major, traditional asset manager with over $1.4 trillion in assets. Its entry into the crypto ETF space signals strong institutional belief in the long-term viability of digital assets as an asset class and provides a trusted, familiar vehicle for conservative investors to gain exposure. This post T. Rowe Price Crypto ETF Filing: A Strategic Move for Mainstream Digital Asset Adoption first appeared on BitcoinWorld .
bitcoinworld·4d ago
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Why is Adam Back against the BIP-110 proposal to eliminate spam?
Blockstream founder and CEO Adam Back is not pulling any punches in his latest criticism of the ulterior motives of those backing the BIP-110 soft fork to address spam on the Bitcoin network, dismissing the proposal as “dead on arrival.” The latest by Back started with a reshare of a post by the Billy the Bitcoin Mascot account, criticizing the flaws of the logic being peddled by what they consider a fringe group that wants to “clean up” spam on the Bitcoin network. Back is not going for that narrative, insinuating a more sinister ploy to “judge and control which scripts or use cases can be built.” However, innovation damage is only one aspect of the alarm being raised by Bitcoin stakeholders. Why is Adam Back against the BIP-110 proposal to eliminate spam? Even though Adam Back believes that “reducing spam is desirable,” the censorship implications that the BIP-110 proposal could have on Bitcoin’s future are what rub people like Back, Jameson Lopp, and Peter Todd the wrong way. Chief security officer at Casa, Jameson Lopp, who’s also a skeptic of the proposal, warned: “ By attempting to filter ‘bad’ data, it actually invites more regulatory pressure – if government authorities believe that Bitcoin can be changed by pressuring a few entities, they will almost certainly try to do so. Neutrality protects the network – selective censorship doesn’t.” Lopp described the narrative to fight spam as a “slippery slope to centralization and control” that is almost inevitable as more reactionary forks are proposed to “kick out bad actors,” which ends up becoming a “never-ending cat and mouse game.” Lopp warned of the very probable scenario where the proposed soft fork could lead to an actual “chain split” as seen in the past with Bitcoin Cash (BCH), Bitcoin Satoshi Vision (BSV), and Bitcoin Classic (BGH), where chains compete to be “the real Bitcoin.” There’s also the reputational hit to Bitcoin’s resistance to censorship and influence, as well as the halt to future upgrades, at least for as long as the “temporary” BIP-110 soft fork is active. The biggest headache for them, though, is that for all the concessions BIP-110 is pushing for, its “restrictions are bypassable. The innovation damage is not,” especially when it’s for a “spam filter that doesn’t even filter spam.” In a demonstration of the inherent deficiencies of the proposal, Martin Habovštiak broadcast a 66 KB contiguous TIFF image of Luke Dashjr, a BIP-110 supporter, crying on the blockchain. Martin Habovštiak demonstrated the inherent deficiencies of the proposal by broadcasting a 66 KB image of Luke Dashjr, a BIP-110 supporter, crying on the blockchain. Source: Martin Habovštiak Bitcoin minimalists face off with liberalists On one side of the argument, Bitcoin figures like Jameson Lopp are challenging the notion that a group can control acceptable Bitcoin use cases. Burden on node operators or not, they insist that anyone can use the blockchain as long as they can afford to cover the gas fees. According to a February blog by Jameson Lopp: “ Bitcoin is not simply money, it is programmable money, and that comes with the ability to design use cases some may consider to be non-monetary in nature.” On the other side of the aisle, Dathon Ohm wrote in his abstract of the “ Reduced Data Temporary Softfork” submitted to GitHub that BIP-110 is supposed to “ Temporarily limit the size of data fields at the consensus level, in order to correct distorted incentives caused by standardizing support for arbitrary data, and to refocus priorities on improving Bitcoin as money.” Others , like Bitty, have their own issues with the narrative to “refocus priorities on improving Bitcoin as money,” which they believe would negatively impact Ordinals, Runes, and similar protocols that use data on the Bitcoin network in ways BIP-110 proponents consider spam, since they’re not specifically using Bitcoin as money. Runes and Ordinals were both created by the same person (Casey Rodamor) to unlock Bitcoin use cases beyond the transfer and store of value narratives. Bitcoin NFTs were only possible because the Ordinals protocol figured out a way to allow each individual satoshi to be identified and transacted with additional data attached via a process known as inscription. According to Ohm, enough is enough with the “‘inscription’ hack first exploited in 2022,” which started a trend of loading Bitcoin transactions with arbitrary data, which creates unnecessary burdens on node operators. Even the more efficient Runes are also on the chopping block because of the sheer volume of these transactions pushed onto the blockchain, despite their relatively small memory demand, capped at 80 bytes. Bitcoin as money faces other problems Bitcoin-as-money proponents are fighting on multiple fronts, as the Bitcoin Policy Institute warned that the “window is narrowing” for Congress to extend de minimis tax exemptions for Bitcoin, while complex tax legislation takes a backseat as we approach summer and midterm elections become top of mind. Per recent Cryptopolitan reports , Coinbase also came under fire as its executive arm had to issue categorical denials to rumors that the exchange was pushing to exclude Bitcoin from the de minimis exemption that is the literal lifeline of the Bitcoin as money movement. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.
cryptopolitan·4d ago
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Bitcoin Cash holds $440 support, but BCH bears still dominate – Why?
Bitcoin Cash sank to the $440-$470 long-term demand zone, but did not see a quick bullish recovery, which could be a warning of buyer exhaustion.
ambcrypto·6d ago
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Price predictions 3/13: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, BCH, XMR
Bitcoin faced strong resistance at the $74,500 level, but the shallow price pullback could set the stage for a stronger breakout in BTC and altcoins.
cointelegraph·7d ago
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BCH Technical Analysis 13 March 2026: RSI MACD Momentum
BCH is under downtrend pressure, with RSI at 44.72 moving neutrally, while MACD shows a positive histogram and bullish divergence signal. Even though short-term weakness persists below EMA20, it ca...
coinotag·7d ago
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Price predictions 3/11: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR
Bitcoin is facing resistance just above $70,000, but the bulls have kept up the pressure, increasing the possibility of a rally to $74,508.
cointelegraph·9d ago
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Bitcoin sees court-ordered return to Bitfinex under MVRA
BTC was returned to Bitfinex as in-kind restitution under the Mandatory Victims Restitution Act, clarifying victim status and how it interacts with forfeiture. Read original article on coinlineup.com
CoinLineup·10d ago
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BCH Technical Analysis March 9, 2026: Risk and Stop Loss
BCH carries high risk in the downtrend; bearish target $299 strong (score 21). Stop loss below $423, limit position to 1% risk – BTC decline drags BCH.
coinotag·12d ago
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Altcoin News Today: 7 Top Crypto Coins Shaking Up Market as APEMARS Presale Takes the Lead, Blasting Past $280K Raised
A sudden wave of attention often builds long before the wider public notices it. Conversations start in niche communities, spread through social channels, and then explode across headlines once momentum becomes impossible to ignore. That quiet build-up is exactly why analysts con...
Bitcoin Sistemi·12d ago
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AboutBitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin. Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience. Why was Bitcoin Cash Created? The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions. Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today. Nov 16th 2018: A hashwar resulted in a split between Bitcoin SV and Bitcoin ABC
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Bitcoin ForkCoinbase 50 IndexLayer 1 (L1)Proof of Work (PoW)Smart Contract Platform
Date
Market Cap
Volume
Close
March 20, 2026
$9.35B
$206.06M
---
March 20, 2026
$9.1B
$196.65M
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March 19, 2026
$9.14B
$217.12M
$456.69
March 18, 2026
$9.43B
$188.3M
$471.09
March 17, 2026
$9.59B
$265.81M
$479.44
March 16, 2026
$9.39B
$169.14M
$469.50
March 15, 2026
$9.36B
$147.99M
$467.86
March 14, 2026
$9.22B
$312.89M
$460.99
March 13, 2026
$9.11B
$166M
$455.38
March 12, 2026
$9.11B
$203.69M
$455.58

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