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Bitcoin and Altcoins Trading Near Key Inflection Zone


There was a steady increase in bitcoin price above the USD 32,500 and USD 34,000 levels. BTC even broke the USD 35,500 resistance level, but it struggled to gain strength above USD 36,250. It is currently (13:00 UTC) trading well below USD 36,000, with a strong support at USD 34,000. Similarly...

JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US


JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say....

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