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Bitcoin edges back from above 65k
Yesterday an update here noted how the price of Bitcoin was seemingly once again tracking the Dow Jones lower and the dollar higher in an inverse way. As covered here, that had delivered a move lower in BTC, to 62,768. Well, later into the European close and afterwards, BTC rebounded with the US stock markets and that saw it rise back above 64k and closer to 65k ahead of the wider US close. The jump in the US futures after that close, delivered a move to above 65k during the Asian session. BTC topped out at 65,279, but since then it has dropped back and briefly dipped below 64k again, The price action since then and for most of the European morning has been pretty sideways, inside a range covered by 64k to 64,700. Bitcoin is currently trading at 64,450
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