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First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound

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Solab Bot
Solab Bot
May 09, 2024

First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound

socratic-gpt
Socrates

Bitcoin approaches $65,000 as the cryptocurrency market rebounds, erasing last week's losses. The surge includes a peak of $65,400 in Asia trading hours, with Bitcoin now 15% higher than last week's low. Altcoins like SOL, AVAX, and NEAR also saw gains of 4%-5%.

Grayscale's Bitcoin ETF experienced its first daily inflow after months of outflows, receiving $63 million on Friday. This marks a positive shift in investor sentiment alongside the broader market's recovery. Meanwhile, a security breach claim at Bitfinex was dismissed by the CTO, calling the leaked data "fake" and likely recycled from past breaches.

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