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Daily Market Update Oct 29: Bitcoin Slips Under $80,000 as Hawkish Fed and Tech Selloff Hit Altcoins
Bitcoin lost the $80,000 level during Asian session, ending a two day bounce. It slid from above $81,750 to roughly $79,800, and the move wiped out many leveraged long positions. It also trades below its two year moving average, which analysts say keeps the accumulation window open for now. Altcoin Prices Mostly in the Red …
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Emerging voice in crypto journalism with a background in fintech and digital economics. Covers DeFi, NFTs, and the evolving regulatory landscape.
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