Can Bitcoin avoid 10 weeks of red?
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Jun 4
Thanks to an unexpected but welcome U-turn overnight into May 30, Bitcoin is breaking with tradition this week. Asian trading provided the backdrop to some solid gains, with both Japan’s Nikkei and Hong Kong’s Hang Seng index up over 2% at the time of writing. The trigger came from news that China is planning to relax some of its latest COVID-19 restrictions and open up the economy. Bitcoin, nonetheless, outperformed equities prior to European trading getting underway. After an initial red ho...
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