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As Bitcoin Price Fails to Break Crucial Resistance; Breakdown Sentiment Looms

The bitcoin price plunged on Tuesday after facing another strong rejection from a psychological resistance area. The leading cryptocurrency established a new intraday low near $7,274, down 5.11 percent from the local high of $7,552.92. The move downhill reasserted the $7,500-7,600 range as a crucial wall standing before bulls. The area has

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Libra Hearing Fails to Assuage Senior Lawmakers’ Concerns

Following testimony before the United States House of Representatives Financial Services Committee earlier today, lawmakers are still concerned about the possible launch of the Libra stablecoin.On Oct. 23, legislators heard statements from Facebook CEO Mark Zuckerberg and posed questions covering a variety of topics from Libra to Facebook's data policies and

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Bitcoin Fails to Regain $10K as Market Dominance Hits 6-Week Low

Bitcoin (BTC) stayed lower on Sept. 19 after yet another sudden bout of volatility sent the largest cryptocurrency below $10,000. Market visualization. Source: Coin360Bitcoin lingers in four-figure zoneData from Coin360 showed BTC/USD stabilize at just below $9,900 after falling $500 in minutes overnight. The behavior has become increasingly characteristic of Bitcoin

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