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Price analysis 5/17: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
The bears' failure to sink and sustain Bitcoin below the psychological level of $60,000 seems to have attracted buyers who are trying to propel the price toward the range resistance. The current upmove does not guarantee a breakout from the range but reduces the possibility of a sharp correction in the near term. Bitcoin’s recovery has boosted the daily volume in United States spot Bitcoin exchange-traded funds. Market research firm Santiment said in a X post that the volume of the seven largest U.S. spot Bitcoin ETFs surged to $5.65 billion, the highest since March 24. Bitcoin ETFs have been a massive success, ... (full story)