Thursday, March 28, 2024
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Bitcoin traders earmark key BTC price levels as $34K struggles to hold

Bitcoin (BTC) fell below $34,000 after the Oct. 26 Wall Street open as consolidation at 17-month highs continued.BTC/USD 1-hour chart. Source: TradingView$33,000 becomes do-or-die BTC price levelData from Cointelegraph Markets Pro and TradingView showed BTC price behavior challenging intraday lows.The largest cryptocurrency had attempted to push higher still the day

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Bitcoin Struggles to Maintain Support Level Above $27K amid Weakness in Altcoins and US Stock Market Rebound

Bitcoin dominance has regained 51 percent of the total crypto market valuation despite the recent struggle to rally beyond $28k amid short-term market uncertainty caused by puzzles of economic geopolitics. Amidst a global shift in economic outlook triggered by the BRICS alliance, Bitcoin (BTC) has been identified as a crucial instrument

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PayPal’s PYUSD struggles with early adoption — Nansen

PayPal recently released stablecoin PayPal USD (PYUSD) is facing challenges gaining traction, on-chain data reveal. According to findings from blockchain analytics firm Nansen, roughly 90% of PYUSD is currently held in stablecoin issuer Paxos Trust's wallets.Holdings on crypto exchange wallets stand at nearly 7% of the total supply, according to

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