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Bitcoin Correcting Amidst USD Revival
Following a breakout move to fresh all-time highs earlier this week, Bitcoin is now seeing fresh corrective activity. BTC futures are down around 10% from those highs with the leading crypto coin currently on track to register its only consecutive daily loss since late Feb. This is the second such pullback for Bitcoin, which was seen correcting lower by around 13% in early March before recovering and trading up to fresh highs. Dollar Rebound Weighing on Crypto The correction lower can be partly attributed to the current rebound in USD and the widespread correction we’re seeing across risk markets. With the US ... (full story)