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Brencakes
2021-10-05

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Bitcoin flirts with $50K level after bouncing off $41K just last week

Bitcoin (BTC-USD +1.4%), the world's largest digital token by market cap, is grinding higher to $50K

Bitcoin flirts with $50K level after bouncing off $41K just last week

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ether also climbs 17.1% in the past five days; BTC gains 14.4%.</li>\n <li>The bullish price action in the crypto universe coincides with U.S. equities continuing to slump asinvestors worryabout energy, supply chain issues, and higher inflation.</li>\n <li>Some other crypto-related names that are trading deep in the red on Monday includes: First Bitcoin Capital<span>(OTC:BITCF)</span>(-25.7%), Vinco Ventures<span>(NASDAQ:BBIG)</span>(-4.1%), MGT Capital Investment<span>(OTCQB:MGTI)</span>(-7.6%), Bit Digital<span>(NASDAQ:BTBT)</span>(-6.0%), The9 Limited<span>(NASDAQ:NCTY)</span>(-6.9%) and ISW Holdings<span>(OTCPK:ISWH)</span>(-28.6%).</li>\n <li>Earlier, Bitcoin and Ether inch higher afterrobust start to Q4.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin flirts with $50K level after bouncing off $41K just last week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin flirts with $50K level after bouncing off $41K just last week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-05 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3748355-bitcoin-flirts-with-50k-level-after-bouncing-off-41k-just-last-week><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin (BTC-USD +1.4%), the world's largest digital token by market cap, is grinding higher to $50K, a level of resistance that has been tested four times throughout August and September.\nJust a week...</p>\n\n<a href=\"https://seekingalpha.com/news/3748355-bitcoin-flirts-with-50k-level-after-bouncing-off-41k-just-last-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/news/3748355-bitcoin-flirts-with-50k-level-after-bouncing-off-41k-just-last-week","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1141561750","content_text":"Bitcoin (BTC-USD +1.4%), the world's largest digital token by market cap, is grinding higher to $50K, a level of resistance that has been tested four times throughout August and September.\nJust a week ago, BTC marked a low at the $40K-41K support range.\nStill, the second largest crypto, ethereum (ETH-USD-0.8%) continues to outperform BTC Y/Y; ether also climbs 17.1% in the past five days; BTC gains 14.4%.\nThe bullish price action in the crypto universe coincides with U.S. equities continuing to slump asinvestors worryabout energy, supply chain issues, and higher inflation.\nSome other crypto-related names that are trading deep in the red on Monday includes: First Bitcoin Capital(OTC:BITCF)(-25.7%), Vinco Ventures(NASDAQ:BBIG)(-4.1%), MGT Capital Investment(OTCQB:MGTI)(-7.6%), Bit Digital(NASDAQ:BTBT)(-6.0%), The9 Limited(NASDAQ:NCTY)(-6.9%) and ISW Holdings(OTCPK:ISWH)(-28.6%).\nEarlier, Bitcoin and Ether inch higher afterrobust start to Q4.","news_type":1},"isVote":1,"tweetType":1,"viewCount":722,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Bitcoin flirts with $50K level after bouncing off $41K just last week

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