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XBTUSD News

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Last Updated Date: 10 June 2021 @ 8:22 AM (UTC)
*Please note that all the dates are in GMT time zone

Bitcoin surged 8.54 % to $36,265 on Wednesday, adding $2,853.31 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 30.8% from the year's low of $27,734 on Jan. 4.

Ether, the coin linked to the ethereum blockchain network, rose 2.29 % to $2,566.4 on Wednesday, adding $57.55 to its previous close.


The market is trying to work into a bottoming turn. Trade is positioned to push higher and attack last 40489 high. A surge over the previous 39277 level should spark a retracement move to 45525. Tuesday’s spike lower injects near term defensive pressures, but a close under 31180 is the trigger to return trade to bear trending selloffs.



 
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