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Bitcoin (BTC) Bounces Back From Friday Lows

May 15, 2023
in Crypto Updates
Reading Time: 1 min read
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Bitcoin (BTC) has gained floor once more after hitting lows of $25,800 late Friday, rising to $27,400 early Monday morning. Markets are making ready for a busy week forward with U.S. retail gross sales knowledge to be launched Tuesday and Federal Reserve Chair Jereome Powell to talk on Friday. Shares and commodities had been additionally climbing early Monday. Some merchants imagine bitcoin’s holding of the $27,000 stage over the previous few days is setting the crypto up for a run to new highs. Amongst different crypto movers Monday, Lido DAO (LDO), a liquid staking resolution for Ethereum, gained 10%, and Litecoin (LTC) was up 8%.

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