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Bitcoin(BTC +1.4 percent), ethereum, and other major cryptocurrencies have recovered from last month's market disaster (that some think could reveal the future tech giants).
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Analysts continue to target $16,000 as a downside target, so investors must have a contingency plan in place.
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Okay, I'll take a break from calling bitcoin down from great heights to say $13,000 now. I need to create a strategy essay that no one will read but will address the question: is crypto a
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The lure of quick riches, similar to the dot-com bubble, has led the cryptocurrency market to deviate from reality.
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During the last week, Bitcoin investors made the largest loss in history by selling their coins. According to BeInCrypto's analysis of on-chain indicators, the last 6 days resulted in a loss of $19.121 billion in Bitcoin.
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According to data from analytics firm Glassnode, investors have sold bitcoin (BTC) holdings worth a record $7.3 billion in the last few days, resulting in the largest dollar-denominated losses in the asset's history.
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When it comes to determining how to profit from their bitcoin investment, new investors are often perplexed. People want to make a lot of money from their investments, so they invest in bitcoin. We are all aware that bitcoin is a popular investment among global investors.
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After a dramatic loss on Saturday, Bitcoin rebounded as much as 7.6 percent to $20,404 on Sunday, signifying a comeback.
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The price of Bitcoin and Ethereum both fell by over 8% in the early hours of June 18, putting them below the feared $20k and $1k thresholds.
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As Bitcoin's ancient multi-year barrier level returns with a fury, it feels like 2018 all over again.