CRYPTO CURRENCY FORUM

TIA, bullish

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Bitcoin holds near $42,000 as rally weathers retreat in equities The token jumped 5.8% to scale $42,000 on Monday and was just below that level in morning Asian trading on Tuesday. In contrast, gauges of global shares and bonds are nursing losses since the start of the week.

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Bitcoin’s burst above the $50,000 level didn’t last long, and chart patterns signal its rally since July is at risk of fading.

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opinion