Bitcoin rally extends toward $73K despite concerning US economic data
3h ago•
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Bitcoin continues to show strength even as US recession risks rise and the fragile ceasefire with Iran begins to show cracks.
Key takeaways:
Bitcoin climbed to $72,000 as rising recession odds and a weak US dollar boosted the appeal of scarce financial assets.
Rising oil prices and a wobbly truce with Iran threaten to reverse Bitcoin’s recent gains.
3h ago•
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bullish:
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bullish:
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