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First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns

From coindesk.com

Just when prices seemed ready to lessen, new job numbers and a price-conscious OPEC dampened investors' hopes. After rising handsomely for two consecutive days, bitcoin flattened, although the largest cryptocurrency remained comfortably above the psychologically important $20,000 perch it's held for much of the past week. BTC was recently trading at $20,300, up almost a half-percentage point over the past 24 hours. Ether was recently also changing hands slightly to the green from the previous day, same time, at $1,375. Other major cryptos were trading sideways and slightly greenish with XRP and LINK rising over 3% ... (full story)

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  • Category: Fundamental Analysis