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BTC/USD: Rally Losing Steam

From dailyforex.com

The BTC/USD pair has pulled back in the past few days, moving from a low of 98,935 last week to a high of 106,650, where it found substantial rejection. It was trading at 105,580 on Tuesday, still much lower than the year-to-date high of 126,200. Bitcoin Price Rises Amid Government Reopening Hopes Bitcoin and other cryptocurrencies rose as hopes that the US government shutdown will end soon. A group of eight Democratic Senators reached a deal to support a deal to reopen the government without their preconditions on Obamacare subsidies. Instead, they agreed that the Senate Majority Leader would bring a bill focused on ... (full story)

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