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Avalanche, polygon limited price bounce: Avalanche (AVAX) and polygon (MATIC) initially rose about 4% during the Asia trading session, but ended up lower over the past 24 hours. Generally, most altcoins underperformed bitcoin on Monday, indicating a lower appetite for risk among crypto traders. Original Source
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Bitcoin (BTC) may end up falling to as low as $30,000 if the U.S. inflation data to be released on Wednesday comes any higher than forecasted, warns Alex Krüger, founder of Aike Capital, a New York-based asset management firm.The market expects the widely-followed consumer price index (CPI) to rise 7.1%
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Ether lost its $3,300 support level in early Asian trading hours on Friday, plunging to as low as $3,113 before briefly gaining over $90 at the time of writing. Friday’s drop was a continuation of a market-wide decline that started on Wednesday. The U.S. Federal Reserve released the minutes of
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Since early December, the number of open positions on Binance, the world’s largest cryptocurrency exchange by volumes and open interest, has increased from 190,000 BTC to 258,000 BTC. Meanwhile, funding rates have been consistently neutral to negative, meaning investors have been predominantly holding shorts despite bitcoin’s downside momentum running out
Read MoreThe previous week has been tremendous for Bitcoin (BTC) investors as price broke the crucial barrier of $12,000, culminating in a surge from $11,300 to $13,300, a rally of $2,000 within a week. A new yearly high was printed, while the dollar has been showing weakness as well. Next to
Read MoreCryptox Markets: Paul Tudor Jones. Did his investment into Bitcoin spark a new bull cycle?Max Keiser: First, we need to go back to the Genesis Block and understand that everything that has happened and will ever happen with Bitcoin came into existence at that instant and the world and our species were
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