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The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of briefly Bitcoin (BTC) climbed to $37,500 as stock markets staged a midday rally that recovered most of the losses from Jan. 24.Even with today's recovery, global markets remain in
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Bitcoin's (BTC) price has been in a down-trend since the $69,000 all-time high on Nov. 10, when the the Labor report showed inflation pushing above 6.2% in the United States. While this news could be beneficial for non-inflationary assets, the VanEck physical Bitcoin exchange-traded fund (ETF) denial by the U.S.
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Bitcoin (BTC) climbed by over $2,000 on Dec. 15 as markets quickly reacted to news that the United States Federal Reserve would raise interest rates and curtail its bond buying program starting in 2022.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Kind of what we were thinking"Data from Cryptox Markets Pro and
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Bitcoin (BTC) bulls are once again on the defensive foot after the breakout momentum that put the price above $50,000 on the weekend evaporated and pulled the price under $47,000. Analysts say the slight pullback in equities markets and the upcoming Federal Open Market Committee (FOMC) meeting are the primary
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Key Bitcoin Takeaways Bitcoin sell-off accelerated ahead of the US session as US 10-year Treasury yields hit a fresh 13-month peak. The cryptocurrency’s latest decline appeared ahead of the Federal Open Market Committee’s two-day policy meeting conclusion. Economists believe that the Fed Chairman Jerome Powell would maintain easy-money policies while ignoring intervention in
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Bitcoin prices edged higher on Wednesday as traders pinned hopes on the ongoing stimulus talks and fresh guidance
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Bitcoin rose Wednesday, right ahead of the release of the Federal Open Market Committee’s minutes from their November
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Bitcoin closed above $8,000 this Wednesday, wiping all its Coronavirus-induced losses from mid-March.The cryptocurrency’s move uphill came ahead of Jerome Powell’s press conference at 1430 ET today.The Federal Reserve chairman is likely to discuss strategies to tame the contracting economy, with investors expecting him to keep the interest rates lower.Bitcoin
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Bitcoin was catching a breath on Thursday after staying in a parabolic uptrend this week on the backs of favorable risk-off mood.The benchmark cryptocurrency stabilized near $9,300 during the Asian and European trading sessions, helped by persistent worries of the Coronavirus outbreak in China and other parts of the world.
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