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The recent price surge of CTK/USD, up 30.53% in the last 24 hours to 0.4391, aligns with broader cryptocurrency market trends influenced by market news. The chart shows a sharp spike, likely driven by positive sentiment in the crypto space. Looking at recent market news, Bitcoin has been trading above $94,500, with altcoins like XRP and Solana gaining up to 5%, as reported on April 28, 2025. This rally is attributed to strong institutional inflows and growing investor confidence, which often creates a ripple effect across smaller tokens like CTK. Additionally, news of easing trade tensions, such as U.S. President Trump's tariff exemptions, has boosted overall market sentiment, as seen in Bitcoin's climb to $85,800 earlier in April. Such macroeconomic factors can indirectly fuel speculative interest in altcoins. However, the crypto market remains volatile. Posts on X indicate mixed sentiment, with some highlighting a market cap drop to $2.738T earlier in April, alongside events like Mantra's 93% crash and AWS outages impacting platforms. These factors suggest potential risks of sharp corrections, which could affect CTK if negative news dominates. $CTK
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