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Daily Market Update Oct 6: Bitcoin Stalls at $87,000 Again as Nasdaq Hits a Record and Treasury Yields Climb
Bitcoin slipped 1.2% to about $85,600 early Tuesday in Asia after sellers pushed it back from just above $87,000 on Monday. It is the third time since Sept. 23 that this level has capped a rally. Bitcoin has made higher local lows since the start of last week, but bulls have failed to build momentum. …
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About the author
Covers Bitcoin, on-chain data and market structure. Breaks down what the charts and wallet flows are actually saying, without the hype.
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