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Bitcoin, British Pound trading volume soars 1150% as UK’s currency risks dollar parity

Bitcoin (BTC) will see increased interest from the United Kingdom “very quickly” as fiat currency volatility makes BTC look like a stablecoin.That was the conclusion from Gabor Gurbacs, strategy adviser at investment giant VanEck, one of many flagging Bitcoin’s appeal over the pound this week.UK becomes fertile ground for Bitcoin

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Bitcoin whales attack sellers at $22.3K as euro drops below USD parity

Bitcoin (BTC) drifted near $21,000 on the Aug. 22 Wall Street open as the new week began without a rebound.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEuropean commodity surge hammers euroData from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to summon a comeback after last week’s 11.6% losses.The pair put

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Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value – Bitcoin News

2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later. Reports say

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Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High – Economics Bitcoin News

Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member states reached parity against the U.S. dollar for the first time in 20 years. Euro

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Bitcoin risks new lows as $20K looms amid dollar euro parity

Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.”BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$20,300 eyed as next support zone to holdData from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to recover losses that had immediately followed the

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