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Biden’s recovery plan includes stricter tax policies for multinational companies. The incumbent US president Joe Biden has revealed an infrastructure and economic recovery package worth over $2 trillion. The new package is part of the administration’s plan to recover the nation’s economy as the pandemic eases. Biden unveiled the infrastructure
Read MoreBitcoin price dipped approximately 6.6% in the past 24-hours according to metrics provided by CoinGecko. Bitcoin price experienced a sharp decline on March 24 to trade below $52k, consequently, its market cap dipped below the $1 trillion levels to approximately $968 billion at the time of writing according to CoinGecko. However,
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The massive stimulus bill was passed through Congress without any actual backing from the Republicans.On Thursday afternoon, US President Joe Biden signed the $1.9 trillion stimulus package as the coronavirus relief bill. The President’s approval comes immediately after the House of Democrats approved the bill earlier this week.This is the
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The price of Bitcoin (BTC) reached over $51,000 on March 7 after the U.S. Senate passed the anticipated $1.9-trillion stimulus bill, which is roughly two times larger than the market capitalization of BTC.United States’ President Joe Biden said that the Senate’s approval shows major progress in delivering a “desperately needed”
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The bullish sentiment in the overall cryptocurrency market is currently at new highs making Bitcoin (BTC) the first crypto asset to have trillion-dollar valuations. With this, Bitcoin becomes the sixth most valued asset in the world.It looks like the entire crypto market is on a wild ride today. The overall
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Bitcoin is quickly outpacing some of the Fortune 500 companies that make up the traditional markets.The price of Bitcoin (BTC), the world’s premier digital currency has soared to a new all-time high (ATH) at $56,421.14 according to CoinMarketCap. The attained milestone has also earned Bitcoin a market capitalization above $1
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While Bitcoin tops the $50,000 milestone with strong bullish momentum, altcoins are not far behind. Interestingly, so far in 2021, the altcoin market has outperformed Bitcoin with a staggering 150% surge in the altcoin market cap.The overall crypto market cap has hit an important milestone moving past $1.5 trillion for
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In brief:Bitcoin’s market cap will reach a value of $1 Trillion at a BTC price of $53,680Bitcoin’s current market cap stands at $904.5 Billion with its fully diluted market cap exceeding $1 TrillionBitcoin is inches away from the $50k price ceiling that could be a short term challengeBTC analyst Timothy
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Bitcoin (BTC) fell below $35,000 on Jan. 15 as renewed strength in the U.S. dollar piled pressure on the largest cryptocurrency. BTC bounced off support at $34,300 and is trading at $35,300 at the time of writing. BTC/USD 4-hour candle chart (Bitstamp). Source: TradingvidwBitcoin heads back towards $30,000Data from Cryptox Markets
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Having hit a new all-time high of $38,280, Bitcoin is now trading at around $37,950 showing a growth of more than 8% in the past 24 hours.The global cryptocurrency (crypto) industry has hit a new milestone in its market cap following the impressive rallies of the coins that make up
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