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Bitcoin on the rebound so far this morning
Yesterday, as reported here after the event, Bitcoin took a hit into and after the 4pm London FX fix. The metal did extend a bit further on the downside after that update, hitting a new low on the day, at 94,324. However, it then rebounded into the wider US close and has built on that rebound a bit more today. BTC has risen to 97,775 a moment ago and that means it is back above its 21 day moving average, currently in place at 97,250. It looks like BTC will be keeping an eye on the dollar again today and also mindful of any fresh headlines concerning further regulation for or against it. That was a theme touched on yesterday after Microsoft refused to invest in BTC. It is currently trading at 97,715
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