Page 10 - கிரேஸ்கேல் பிட்காயின் நம்பிக்கை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Market Update The wider cryptocurrency market entered a period of consolidation on July 27 following Bitcoin’s (BTC) brief spike above $40,000 the day before that helped ignite a rally across the market and brought a renewed sense of optimism to the market.  Data from Cointelegraph Markets Pro and TradingView shows that a mid-day attempt by bulls to lift the price of BTC back above the $40,000 level was rejected resulting in a price pullback to $37,500. BTC/USDT 4-hour chart. Source: While Tuesday s price pullback may suggest that Monday s rally was simply a short squeeze, others point to the rising Grayscale Bitcoin Trust (GBTC) premium, which is now at the highest levels in months at -5.88%, suggesting that institutions are once again betting on more BTC price upside. 

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