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Daily Market Update Nov 4: Bitcoin Sinks to $75,600 as Democratic Sweep Rattle Markets
Bitcoin briefly fell to about $75,600 early Wednesday as the first US midterm results raised the prospect of Democrats winning both chambers of Congress. Buyers then pushed it back to around $76,600 during Asian morning hours. Btc had climbed close to $78,000 late Tuesday while Americans voted, then lost more than $2,000 as results arrived, …
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Covers Bitcoin, on-chain data and market structure. Breaks down what the charts and wallet flows are actually saying, without the hype.
Bitcoin Rebounds to $78,000 After Perfect Retest of 50 Week Moving Average as Democrats Win Congress
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