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Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. In result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be liquidated….
As the Federal Reserve prepares to make a significant announcement, US stocks, treasuries and Bitcoin have have seen a noticeable shift in expectations around inflation data. There has been a hawkish drift ahead…
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