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Bitcoin jumps above 80,500 USD and increases volatility in the crypto market! Is the price spike here to stay?
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Counter-movement after short-covering pressure: Bitcoin rises to 80,500 USD, driven by a wave of short-covering and net inflows into US spot ETFs of 1.92 billion USD Regulation & overbought indicators: Debate over the CLARITY Act brings optimism, though an RSI value of 78 signals an overbought market situation Beneficiaries in the crypto ecosystem: Trading platforms like Coinbase Global and Robinhood Markets are seeing price increases, and Bitcoin miners are also benefiting "The recent buying wave suggests that the recovery of Bitcoin...
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