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Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets

Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewU.S. inflation print proves setbackData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reached $28,528 on Bitstamp, its lowest since May 28. The

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Bitcoin price needs to close above $29,450 for its first green weekly candle since March

Bitcoin (BTC) kept traders guessing into the June 5 weekly close as BTC price action closely mimicked last weekend.BTC/USD 1-week candle chart (Bitstamp). Source: TradingViewBTC price traders $300 in the greeData from Cryptox Markets Pro and TradingView showed BTC/USD circling its May 30 opening level at the time of writing, just

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Bitcoin Miners Expected to Catch a Break in 2 Days, Mining Difficulty Estimated to Drop Close to 4% – Mining Bitcoin News

While Bitcoin’s hashrate has remained above the 200 exahash per second (EH/s) mark, over the last two weeks the network’s mining difficulty has been at an all-time high (ATH) at 31.25 trillion. However, after 289 blocks are mined or roughly two days from now, Bitcoin’s mining difficulty is estimated to

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