Bitcoin Remains in Consolidation Above Key Barrier

Source: iStock/Sasha_Suzi
Following an extremely turbulent past few days in the traditional financial markets, with an unexpected rate cut from the U.S. Federal Reserve (Fed) yesterday, bitcoin (BTC) is still trading above the key 200-day moving average line.
As of press time on Wednesday (13:47 UTC), BTC is trading at USD 8,765, or 0.4% lower than at the same time yesterday, despite good news  Read more »
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