Category: Breather
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Bitcoin Price Takes a Breather: Gains Reduced Amid Volatility
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Bitcoin price failed to stay above the $100,000 area. BTC is correcting gains and may have difficulty staying above the $96,000 support area. Bitcoin started a new decline from the $102,500 resistance area. The price is trading below $100,000 and the 100 hourly simple moving average. There was a breakout…
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Is the Bull Market Over or Just Taking a Breather?
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Don’t Fall for the Bitcoin Crash – It’s Just a Breather
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If you have been following Bitcoin, you may have noticed the pullback yesterday. It fell from $108,000 to $99,000 after the FOMC meeting, where the Fed cut interest rates. When Jerome Powell, Chairman of the Federal Reserve, was asked about the Bitcoin Strategic Reserve, He said: “We are not allowed…
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Wheat futures take breather as traders pull back from war-fueled rally (NYSEARCA:WEAT)
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Toltek/iStock via Getty Images U.S. wheat futures fell the most in six weeks on Monday, as traders took profits after prices surged last week due to escalating hostilities in the war between Russia and Ukraine. Wheat prices jumped 5% to nearly $6 a bushel last week, hitting a record high.…
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Njuguna Ndung’u takes a breather after tough run at Treasury
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For Njuguna Ndung’u, his dismissal along with 21 other cabinet ministers two weeks ago marked the end of one of his most difficult tenures as national treasurer. Professor Ndung’u, a quiet economist, took over as Treasury Minister when the country was facing one of its worst dollar shortages, and as…
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U.S. Retail Sales Take a Breather But Still Up 2.3% From Last Year
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The latest preliminary estimates from the U.S. Census Bureau show that U.S. retail and food service sales decided to take a short breather in June 2024, remaining virtually unchanged from May at $704.3 billion. But wait, sales are still up 2.3% compared to June 2023, so it’s not all doom…