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NEW
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20 USDT
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📈 #Bitcoin jumped above $112K, rising to the sky after the short liquidation. The bulls are holding the "bull market support band" – a sign that the market is still in an upward trend. Traders predict that the local bottom of $107K is just a "false move."
Analysts expect the Fed to cut interest rates on September 17, providing new impetus for risk assets. In the context of a weakening USD, both gold and BTC continue to be seen as macro hedges.
Gold also set a new record at $3,567/oz, further strengthening the argument that Bitcoin is gradually asserting its position as "digital gold". 🔥
#BTC Bitcoin #Gold Crypto