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Crypto market sees green as Bitcoin bulls target resistance at $38k
Cryptocurrency prices were back on the uptrend on Wednesday as traders interpreted Tuesday’s plea deal by Binance CEO Changpeng Zhao (CZ) as a positive sign for the crypto industry since it removed one major ‘sword of Damocles’ that had been threatening the health of the market. Stocks also traded higher, bolstered by the tech sector, with headlines dominated by Sam Altman’s return to the CEO position at OpenAI just days after he was ousted. Price action is expected to be subdued for the remainder of the week due to the Thanksgiving holiday in the U.S. on Thursday, and a half day in the market on Friday. At ... (full story)