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Cryptocurrencies: 23562
Exchanges: 116
Market Cap: $$3.82T
24h Vol: $280.02B
Dominance: BTC: 61.8% ETH: 11.4%
ETH Gas: 29 Gwei
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Synthetix allows the creation of synthetic assets that are pegged to any cryptocurrency, real-world assets, indexes, etc. iBTC is a synthetic asset issued by Synthetix, which reverse tracks the price of Bitcoin (BTC) through oracles, and can short Bitcoin by simply buying IBTC.