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(Kitco News) - The overall cryptocurrency market trended higher on Wednesday, with a majority of tokens in the top 100 putting on slight gains, while a positive day in the traditional markets saw the S&P 500, Dow and Nasdaq climb 1.56%, 1.29%
Data provided by TradingView shows that the price of Bitcoin (BTC) rallied 3.75% from a low of $22,805 in the early trading hours to hit a daily high of $23,661 before pulling back to support near $23,400.
BTC/USD 4-hour chart. Source: TradingView
The green day for financial markets follows the much-hyped visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan, a trip that generated quite the buzz and aggressive posturing from Beijing over the past week. So far, the response from China has been muted, which has helped embolden traders to remain...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...