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Cryptocurrencies: 23225
Exchanges: 112
Market Cap: $$2.88T
24h Vol: $72.67B
Dominance: BTC: 64.6% ETH: 7.4%
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.