Thursday, March 28, 2024
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US GDP misses goal as Bitcoin price seeks to erase ‘ultra nasty’ 7% dip

Bitcoin (BTC) stuck to $29,000 at the April 27 Wall Street open as United States GDP growth missed expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewU.S. GDP figures reveal surprise slowdownData from Cointelegraph Markets Pro and TradingView showed BTC/USD once again stagnant after flash volatility the day prior.The largest cryptocurrency had

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Bitcoin price hits 10-week lows as $40K spike becomes ‘nasty bull trap’

Bitcoin (BTC) hit its lowest level in over two months later on May 5 as Wall Street trading saw volatility return with a bang.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewDXY celebrates as stocks, crypto tumbleData from Cointelegraph Markets Pro and TradingView painted an unsettling picture for hodlers as BTC/USD fell to

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Bitcoin is About to See “Nasty Price Action” if it Breaks One Crucial Level

Bitcoin has entered yet another consolidation phase, this time hovering around $9,200 as it reestablishes its position within its previously held range between $9,000 and $9,300.The cryptocurrency’s recent price action has done little to offer any significant insight into its macro outlook, as it still remains caught within its long-held

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The Dow Just Suffered a Nauseating Flashback to March’s Nasty Crash

The Dow Jones collapsed on Thursday, suffering its worst loss since March. Donald Trump blamed the sell-off on the Federal Reserve, ignoring another 1.5 million jobless claims. Adding to the pressure, the pandemic appears to be worsening again, hitting a Dow plagued with retail speculation. The Dow Jones crashed a nauseating 1,650 points

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