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Wall Street Oct 29: Bitcoin Clings to $80,000 as Strategy’s Profit Cushion Shrinks Before Earnings
Bitcoin is hovering around $80,000 and has posted its first red monthly candle since hitting its low four months ago. Samsung and Google fell sharply after their earnings, and the weekly MACD is close to a bullish crossover. Quarterly results from Strategy, the largest corporate bitcoin holder, arrive after the US close on Thursday. Altcoin …
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About the author
8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.
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