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Bitcoin Jump Stalls Around $20,000; Doge Pares Post-Musk Rally

From bnnbloomberg.ca

A climb in Bitcoin paused on Wednesday as a dip in US equity futures and an advance in the dollar suggested a two-day surge in risk appetite is set for a breather. The largest crypto shed about 1% and was trading near $20,180 as of 11:12 a.m. in Singapore, following its biggest two-day increase in about a month. Ether, Cardano and Solana were also on the back foot. Dogecoin pared a rally sparked by Tesla Inc. Chief Executive Officer Elon Musk’s revival of his $44 billion bid for Twitter Inc. Musk is seen as a supporter of the token. The meme coin originally created as a joke in 2013 is up about 8% in the past 24 ... (full story)

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  • Category: Fundamental Analysis