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Trump Just Ordered Troops to Prepare a Full Assault on Iran, And Bitcoin Is Clinging to $76,000

Bitcoin price held a razor-thin range between $76,000 and $77,000 on Monday, recording just a -0.05% change at $76,797.74 while the broader crypto market buckled under iran geopolitical pressure. Over $300 million in crypto positions were liquidated in 24 hours, according to data from Coinglass, with long traders absorbing the bulk of those losses. The…

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Bitcoin Faces Correction as Institutional Demand Weakens Amid Macro Pressure: Bitfinex

With the possibility of renewed tightening rising, bitcoin is losing momentum and becoming more vulnerable to exogenous shocks and potential rate hikes. The United States and the broader global economy are facing an increasingly fragile macroeconomic backdrop. U.S. inflation has risen to 3.8% year-over-year, per April consumer price index (CPI) data, and real wages…

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