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bitcoin faces pressure as macro shifts and sentiment change impact prices

Bitcoin is experiencing short-term pressure due to macroeconomic shifts and changing market sentiment, with its price dropping over 4% to around $97,856. Analysts highlight the strengthening U.S. dollar and recent economic data as key factors influencing this downturn, while some investors see potential opportunities in the dips. Looking ahead, Bitcoin's trajectory will likely remain closely tied to Federal Reserve policies and broader economic conditions, with looming structural risks expected to create further volatility.
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United States Dollar BitMEX Token USD Connor Sephton Arthur Hayes Jamie Coutts Joe McCann Show more
Finance & Economy, Market Report
04:58 08.01.2025

dogecoin hits one month low as crypto market faces significant losses

Dogecoin has plummeted to $0.267, marking a 19% drop in 24 hours and a 24% decline over the month, making it the biggest loser among top cryptocurrencies. Bitcoin fell to $95,480, down 7%, while Ethereum and XRP also experienced significant losses of 10% and 9%, respectively. Over $1.4 billion in crypto positions were liquidated as the market faced sharp declines.
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Robinhood Markets, Inc. Connor Sephton
Finance & Economy, Market Report
15:37 20.12.2024
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