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After 4 bounces from the 200-day moving average,
Bitcoin
is making another bid right now.
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The Federal Reserve Bank of Atlanta just lowered its GDP growth estimate for the first quarter of 2025 from -1.5% on February 28 to -2.8% today. In four weeks, this estimate decreased from +3.9% to -2.8%.
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Cryptocurrency markets in 2025: 1. President Trump launches his own memecoin 2. The SEC withdraws claims against Coinbase and other exchanges 3. The SEC states that memcoins are not securities 4. The USA is considering the possibility of transferring expenses to the blockchain 5. President Trump said that the United States should become a leader in the field of cryptocurrencies 6. The USA will create the first strategic crypto reserve in history
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US stock markets continue to bear losses after President Trump's announcement that "tariffs on foreign products will take effect on April 2." Trump said that farmers should prepare to sell their products on the territory of the United States.
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ETH - Double Top?
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Michael Saylor says that the market value of bitcoin "will reach $20 trillion and then $200 trillion."
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