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Bitcoin reverses 'bear market' at $53.5K as Pfizer gains on fresh panic over Coronavirus 'Nu' variant

From cointelegraph.com

Bitcoin (BTC) stemmed losses as Wall St. opened on Nov. 26 after concern over a new Coronavirus variant spark a global market sell-off. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ending its downturn at just above $53,500 on Bitstamp. The pair then added almost $1,500 as some sense of equilibrium returned to crypto markets, trading around around $54,400 at the time of writing. Both crypto and traditional assets were rattled on the day thanks to the proliferation of a new Coronavirus variant, designated "Nu," which some parties claim could pose a problem for vaccine programs. Pfizer (PFE), one ... (full story)

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  • Category: Fundamental Analysis