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✓ Published: 01-May-2024
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✓ Published: 01-May-2024
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Crypto washout sends Bitcoin below $58-K ahead of FED decision <br/>
Crypto washout sends Bitcoin below $58-K ahead of FED decision <br/>
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_this-bitcoin-data-is-showing-something-interesting.webp "THE BITCOIN FAMILY Didi Taihuttu")
_bitcoin-plunges-to-3657700-amid-risk-off-sentiment-ahead-of-fed-rate-decision.webp "Bitcoin fell to around $57,700 in early trading on Wednesday, as the crypto market dropped around 9%. The declines came amid risk-off sentiment ahead of the Fed's interest rate decision later today. Ether dropped below $3,000 while altcoins like Dogecoin and Solana recorded sizable losses. Bitcoin saw its worst monthly performance in April since November 2022. Analysis from 10x Research estimates further downside pressure toward $52,000 based on outflows from the U.S. spot exchange-traded funds.")
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_coinbase-reports-stellar-q1-performance-gaining-on-crypto-market-momentum.webp "Coinbase reported revenue of more than $1.6 billion for the first quarter, beating analyst estimates. Net income was over $1.1 billion, compared to a loss in the prior year. Transaction revenue nearly tripled year-over-year to over $1 billion, driven by a surge in cryptocurrency trading amid the bitcoin rally. New Bitcoin highs and Ethereum's network upgrade drove increased demand for Coinbase's trading platform. Institutional investment in crypto also grew. Four Coinbase executives collectively sold over $380 million in company stock during the quarter, more than double the prior quarter's sales.")
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