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Bitcoin spikes above $29K as ‘fakeout’ fuels BTC price strength doubts

Bitcoin (BTC) set new nine-month highs overnight on March 30 as traders continued to stay cautious.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Deviation” takes BTC’s price closer to $30,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $29,170 on Bitstamp.A rejection entered almost immediately, sending the pair back to

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First Republic Bank (FRC) Losses Over 60% in Shares as Investors Worry Over Financial Strength Following SVB’s Collapse

Shares of First Republic Bank (FRC) have been in the red for the past year, shedding more than 48% in the last twelve months. The shares of American foreign exchange company First Republic Bank (NYSE: FRC) plunged over 60% in pre-market trading due to investors’ worries about its financial strength.

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Bitcoin clings to $22K as US dollar strength rises to December levels — What’s next?

Bitcoin (BTC) fell to three-week lows on March 8 as stronger-than-expected employment data from the United States dampened risk assets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewEmployment stats boost Fed hawks, BTC price dipsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $21,858 on Bitstamp.The pair was attempting to

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Bitcoin price eyes $23K despite US dollar strength hitting 6-week high

Bitcoin (BTC) hit its highest in almost a week on Feb. 15 as "extremely positive" economic data boosted risk asset sentiment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price aims for $23,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2.2% on the day to eye a reclaim of $23,000.Analysts were

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Does the Crypto Market Have The Strength To Break To The Upside? QCP Capital Weighs In

The conditions of the cryptocurrency market have changed drastically; according to an analysis by QCP Capital, the options market in its current state makes the crypto industry look like a major crisis, such as the shutdown of crypto exchange FTX after filing for bankruptcy, never happened. Trading desk QCP Capital published

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ETH Falls Below $1,600 as Relative Strength Sinks – Market Updates Bitcoin News

Ethereum moved below $1,600 on Jan. 25, with bears selling previously overbought cryptocurrencies. After days of uncertainty, sentiment shifted in crypto markets, with a red wave washing away recent bulls. Bitcoin also dropped below $23,000 as a result of today’s sell-off. Bitcoin Bitcoin (BTC) fell below the $23,000 level on Wednesday, as

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Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market

The beginning of 2023 has provided Bitcoin (BTC) with bullish indicators and the rally to a year-to-date high at $21,647 has crypto traders hopeful that the worst part of the bear market has ended. The surge effect of BTC’s bullish price action is also carrying over to Ether (ETH) and

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