Friday, March 29, 2024
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Price Of Bitcoin Retreats Under $42,000 As Enthusiasm From Miami Event Fizzles

The price of Bitcoin failed to break through the $43,500 resistance zone and fell below the $42,000 mark before changing course. The world’s most valuable cryptocurrency is now exhibiting bearish characteristics and remains vulnerable to a move towards $40,500, multiple charts show. Bitcoin dipped below the $42K level for the first time

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First Mover Asia: Crypto Rally Fizzles Amid Widespread Inflationary Concerns

(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin’s relief rally” appears to be temporary, after major central banks announced plans to battle high inflationTechnician’s take: Bitcoin could see a brief price bounce, although sellers remain in control.Catch the latest episodes of CryptoX TV for insightful interviews

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Bakkt Fizzles Out as Zero Bitcoin Options Traded on the Platform in June

Wall Street-esque Bitcoin options have experienced a massive rise in popularity this year, recording hundreds of millions in volume across various exchanges. However; one major player continues to disappoint. Bitcoin Options go to Zero Bakkt – once touted as the poster child for the institutionalization of Bitcoin – seems to have lost

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Bitcoin Price Fails to Break Through $11K — Altcoin Bull Run Fizzles

Bitcoin (BTC) price slid from levels near $11,000 Aug. 20 as momentum which sparked bullish sentiment at the start of the week fizzled.Market visualization. Source: Coin360Bitcoin lingers below $11K resistanceData from Coin360 showed BTC/USD abandoning its shot at passing $11,000, having risen from levels near $10,700 on Monday.The pair

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