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Bitcoin rises slightly, holding at $83,000 as global trade war deepens stock market slide

From cnbc.com

Bitcoin held its head above water after China retaliated against President Donald Trump’s tariffs, while stocks continued to crater following their worst day since 2020. The price of the flagship cryptocurrency was last higher by 1.7% at $83,396.89 on Friday, according to Coin Metrics. Most of the flagship cryptocurrencies were also in the green Friday. XRP and Solana gained 3% each and dogecoin jumped 6%. Crypto-related stocks fell again, however, with Coinbase down about 8% and MicroStrategy down more than 1%. Meanwhile, spot gold fell 2.6% to $3,038.50 an ounce, while U.S. gold futures were down 2.9% at $3,020.79. ... (full story)

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  • Category: Fundamental Analysis