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This week became extremely volatile for Bitcoin attributing to components just like the dovish Fed meeting end result, BTC and ETH ETFs launched in Hong Kong, and submit-having correction. A prolonged label unfold from $64700 to $56500 in BTC label introduced about uncertainty within the altcoin market as properly, projecting an absence of dominance of bull or bears. On the other hand, the final four-day rally in Bitcoin has titled the trader’s sentiment in investors’ favor projecting a capacity for increased rally.
