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Bitcoin shies away from 90k again
Yesterday evening Bitcoin lifted from an earlier session low at 85,133 set just before the US stock markets reopened. The rebound later extended towards 90k again after the European close and towards the wider US market close. However, despite two more clear attempts to reach 90k for the first time ever, BTC balked at the level once more and has fallen back today. The low seen a short while ago was set at 86,389. The peak seen late yesterday evening was set at 89,946. That was just short of the record high at 89,968 set much earlier in the day. There looks to be something of a correlation between the price action in US stocks and BTC and of course both are very much linked in the short-term to the Trump trade, so that correlation might not persist. Bitcoin is currently trading at 86,910
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