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The weaker dollar, lower US yields and higher stock markets is all music to the ears of BTC. Actually, so are the gains in the Nasdaq 100 futures right now too. Hence, under the immediate price conditions elsewhere, it is actually no surprise to see the lead cryptocurrency make progress this afternoon. It was struggling a bit ahead of the CPI data, but all things combined have delivered the right excuse to push it higher and now it has reclaimed the 99k handle and looks like it might soon have another look at 100k. We shall see shortly. BTC is right now at 99,165
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As expected and conveyed to you yesterday, the dollar index (USDX) did advance further once it surpassed the high seen on Monday, at 97.67. The push...
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