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Bitcoin extended decline below the $44,000 level against the US Dollar. BTC remains at a risk of more downsides unless there is a break above $45,000. Bitcoin started a major decline below the key $45,500 support zone. The price is trading below $44,000 and the 100 hourly simple moving average. There is a
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Ethereum declined heavily below the $3,680 support against the US Dollar. ETH price is sliding and there is a risk of a move towards the $3,200 level. Ethereum started another decline from the $3,750 resistance zone. The price is trading below $3,550 and the 100 hourly simple moving average. There was a break
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The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon for
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Cryptocurrencies continued this week’s slide on Thursday, with tokens of some of the largest blockchains by market capitalization falling as much as 6% in Asian hours before recovering slightly in early European hours.The move came ahead of a $6 billion options expiry for bitcoin (BTC) on Friday during a low-volume
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Bitcoin started a fresh decline below the $50,000 support against the US Dollar. BTC remains at a risk of a larger decline below $47,500 in the near term. Bitcoin started a fresh decline below the $50,000 and $49,500 support levels. The price is trading below $49,000 and the 100 hourly simple moving
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Bitcoin appears to have digested the U.S. Federal Reserve’s impending hawkish, or anti-inflation, policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally after the Fed decision, due later on Wednesday.The central bank is widely expected to announce a $30 billion reduction
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Bitcoin is struggling to clear the $50,000 resistance zone against the US Dollar. BTC could decline heavily if it stays below $50,000 for a long time. Bitcoin is struggling and showing bearish signs below the $50,000 resistance. The price is now trading just below $49,000 and the 100 hourly simple moving average. There
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Bitcoin is struggling to surpass the $57,200 resistance against the US Dollar. BTC is declining and it might accelerate lower if there is a close below the $56,000 support. Bitcoin is struggling to move above the $57,000 and $57,500 levels. The price is now trading below $57,000 and the 100 hourly simple
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Bitcoin retested the $55,500 support zone against the US Dollar. BTC is recovering, but it could face a strong selling interest near $57,500 in the near term. Bitcoin settled below the key $58,000 and $57,500 resistance levels. The price is now trading below $57,500 and the 100 hourly simple moving average. There is
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Bitcoin price failed to stay above $60,000 and started a fresh decline against the US Dollar. BTC could extend losses below $55,000 in the near term. Bitcoin started a fresh decline from the $61,000 resistance zone. The price is now trading below $58,000 and the 100 hourly simple moving average. There is a
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