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Bitcoin (BTCUSD) Pulls Back 7% as Oil Surge and Weak US Data Pressure Crypto Markets

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The Story

News Summary

  • Bitcoin corrected 7% amid weak US data, rising oil prices, and geopolitical tensions.
  • Despite risk-off sentiment and fund redemptions, BTC maintains potential support near $65,000, with no clear sign of a further breakdown amid ongoing economic uncertainty.
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Stored market data

BTCUSD price history

77357.28 +14.68% over the displayed period

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