Category: 26th
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Bitcoin Price Suffers From Significant Coinbase Selling Activity – Largest Since October 26th
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Bitcoin faced a major correction, falling 15% from its all-time high of $108,300. This drop in prices represents a sharp shift in market sentiment, which quickly shifted from very bullish expectations to expectations of uncertainty and caution. With altcoins suffering heavy losses, Bitcoin’s correction has raised concerns about the sustainability…
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Market Outlook for the Week of 22nd – 26th July
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The foreign exchange calendar is light on events scheduled for Monday and Tuesday. On Tuesday, traders will be watching the US existing home sales data and the Richmond manufacturing index. On Wednesday, focus shifts to the spot services PMI and spot manufacturing PMI for Australia, Japan, the eurozone, the UK…