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Yesterday afternoon, as Bitcoin rose above 53k, an update here noted the price pushing to fresh 2024 highs and taking one step closer to the important next target level, at 56,364. Well, not only has BTC met that today, but taken it out earlier this morning. Bitcoin surged to a new 2024 high, at 57,039. There was a reaction backwards from there, down to around 55,585, but it has bounced off that low again as I write. So, BTC has now reached its highest level since late 2021 and from a technical perspective there seems little in between where it is right now and the all time record high seen 3 years ago, at 68,991. Bitcoin is currently trading at 56,395
It has been quite a messy afternoon across the major FX markets. That has seen a good deal of cross price action, especially in the EUR/GBP. At one...
As expected the US stock markets slid into the opening and that has seen more than 2% falls for the Nasdaq 100 and the S+P 500. Meantime, the Dow...
Following on from the previous update, noting the fall in US Q1 flash GDP at the same time as prices have risen, here is some more colour and opinion...
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