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US Inflation for February Hits 7.9%, ECB Slows Asset Purchases


  US inflation numbers hit 7.9% in February, up from 7.5% the month before, and in line with expectations. Bitcoin (BTC) immediately jumped higher on the news, before later reversing lower again. “The 12-month increase has been steadily rising and is now the largest since the period ending...

Technical Analysis: ATOM Hits 1-Week High — AXS, LEO, THETA Dip Lower


Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite...

Bitcoin Mining Difficulty Hits Its 3rd All-Time High in a Row


  Bitcoin (BTC) mining difficulty has made another jump, hitting a new all-time high (ATH) – the third one in a row. Further cutting into the miners' profit margins, the mining difficulty (the measure of how hard it is to compete for mining rewards) just went up 4.78%, reaching almost 27.97...

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low


While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...

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