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Bitcoin (BTC) is down virtually 2% over the past 24 hours and again beneath $27,000 at $26,700 as buyers proceed to weigh the implications of the U.S. debt ceiling deal and final Friday’s sturdy employment report. U.S. inventory index futures are little-changed Monday morning following final week’s sturdy rally in equities. Laurent Kssis, crypto advisor at CEC Capital, sees bitcoin dropping beneath $26,000 this week. “With summer time getting nearer, no apparent catalysts, sellers should not retaining inventories and any giant promoting order might set off promoting stress,” he stated, noting that lengthy liquidations are presently triple these of quick liquidations.
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