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ar Arabiczh-CN Chinese (Simplified)en Englishid Indonesianru Russian
bitcoin
Bitcoin (BTC) $ 94,325.27
ethereum
Ethereum (ETH) $ 3,249.95
tether
Tether (USDT) $ 0.998808
bnb
BNB (BNB) $ 643.37
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.18
binance-usd
BUSD (BUSD) $ 0.984083
dogecoin
Dogecoin (DOGE) $ 0.308481
cardano
Cardano (ADA) $ 0.876412
solana
Solana (SOL) $ 178.86
matic-network
Polygon (MATIC) $ 0.467544
polkadot
Polkadot (DOT) $ 6.75
tron
TRON (TRX) $ 0.243027
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    HomeCrypto Finance

    3 the explanation why Bitcoin is struggling to rally above $28.5K

    Crypto Finance
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    By admin
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    Latest News

    On Oct. 2, the worth of (BTC) noticed a 5.5% intraday improve to $28,600, however the largest cryptocurrency by market capitalization misplaced momentum because the extremely anticipated launch of Ether (ETH) futures exchange-traded funds (ETFs) didn’t generate vital buying and selling volumes.

    Whereas the latest rally into the higher finish of the present value vary was possible encouraging to traders, latest feedback from United States Federal Reserve representatives reiterated issues about an impending financial downturn.

    Bitcoin buying and selling metrics present diminished exercise for leverage longs

    Bitcoin 2-month futures annualized premium. Supply: Laevitas
    Bitcoin every day spot buying and selling quantity, USD. Supply: Messari and Kaiko

    Traders’ expectation for a spot BTC ETF drops

    Proceed Studying on Coin Telegraph

    See also  Cardano Climbs 14% In Bullish Commerce
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