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Bitcoin

Bitcoin Steadies Above $76,000, But Wall Street Isn’t Buying The Dip Yet

Image: Bitcoinist

Bitcoin is catching its breath this weekend. After a brutal few sessions, the price has stabilized above $76,000, but the money that matters most for a lasting recovery is still heading for the exit. On Saturday morning, BTC was changing hands at around $76,100, up roughly 0.6% on the day. That is a calm picture compared with Friday, when the leading cryptocurrency shed about 5.2% in 24 hours as its post-midterm bounce fizzled out and a fresh wave of tech-stock selling, driven by worries over AI spending and data-center buildouts, hit risk assets. The rebound is welcome for bulls, but it is thin.

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