Nonfarm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year.
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Nonfarm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year.
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Bitcoin’s spike to $50,000 renewed calls for a new all-time high, but analysts caution that a daily close above $51,000 is needed to solidify the current uptrend.
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The bullish setup has appeared after MSTR’s increasingly positive correlation with Bitcoin, the flagship cryptocurrency which has surged 339% year on year and is now struggling to close above $50,000.
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Despite Bitcoin’s perceived hash rate recovery, analysts noted that the recent 150 EH/s reading was based on a short 24-hour window.
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Ethereum showing strength while Bitcoin is consolidating in a range beneath $50,000.
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He seemingly dismissed the crypto market’s potential in favor of strengthening the U.S. dollar in a recent interview.
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Exponential monthly growth in demand should propel Bitcoin to $100,000 by the end of 2021, according to the CEO of SkyBridge Capital, Anthony Scaramucci.
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The Ethereum blockchain native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook.
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Bitcoin addresses holding 1,000 to 10,000 BTC have resumed accumulating coins.
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