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Bitcoin (BTC) Drop After U.S.–China Deal Part of Bullish FOMC Linked Fractal? Analysts Think So

Avatar photo Sonny S. Watts 10 hours ago

Bitcoin fell sharply on Oct. 30, slipping from around $116,000 toward the $108,000–$110,000 range as traders reacted to fresh global developments. However, buyers moved in a day later, propping BTC price back above $109,000, with bulls now targeting the $110,000. The drop followed the announcement of a new U.S.–China trade agreement that eased tariffs and […]

The post Bitcoin (BTC) Drop After U.S.–China Deal Part of Bullish FOMC Linked Fractal? Analysts Think So appeared first on CoinChapter.

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.