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CryptoIntelligence
2024-04-03 19:08:31

Bitcoin Surges Past $71,000 Amid Legal Turmoil, Whales Shift as Bullish Sentiment Prevails

In the latest market update, Bitcoin‘s price trajectory aimed for higher levels during the week’s closing Wall Street session, showcasing the bullish sentiment undeterred by prevailing market uncertainties. Tracking the Bitcoin (BTC) price movement, data from Cointelegraph Markets Pro and TradingView highlighted a significant rebound as the cryptocurrency crossed the $71,000 threshold. This resurgence came after a tumultuous previous day marked by sharp fluctuations. The volatility was primarily driven by the legal tussle between Coinbase, a major U.S. exchange, and the Securities and Exchange Commission (SEC), which saw Bitcoin dip below the crucial $69,000 support level. Despite this, the market’s

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