Money World

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Bitcoin’s price has recently faced challenges in surpassing the $63,650 resistance zone, leading to a correction in its gains. The cryptocurrency started its downward trend from this crucial resistance level, currently trading below $62,500. The 100 hourly Simple Moving Average has also been breached, indicating a potential bearish sentiment in the market. Despite reaching a
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Cryptocurrency expert Tom Lee has reiterated his belief in Bitcoin’s potential to reach $150,000. Despite recent bearish trends, Lee remains optimistic about the future of the pioneer cryptocurrency. In a recent interview with CNBC Television, he emphasized his forecast for Bitcoin to hit all-time highs by the end of 2024. One of the key factors
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Aayush Jindal is a distinguished figure in the realm of financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. He is widely recognized for his exceptional skill in providing technical analysis and is revered as a trusted advisor to investors worldwide. From a young age, Aayush demonstrated a natural talent for
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Mike Novogratz, CEO of Galaxy Digital, recently shared his optimistic outlook on the regulatory environment for cryptocurrencies in the United States. Despite some opposition from lawmakers like Senator Elizabeth Warren, Novogratz believes that there is a noticeable shift towards bipartisan support for innovation in the crypto industry. He emphasized the importance of both political parties
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Recent on-chain data indicates that the selling pressure from Bitcoin miners has decreased significantly. This decrease is crucial as it could potentially impact Bitcoin’s price as we enter the third quarter of the year. According to Crypto Dan, a crypto analyst who referenced data from CryptoQuant, the reduced selling pressure can be attributed to two