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Bitcoin (BTC) Prices Near $64K as BTC Futures Attract Billions; BoJ’s Hike Pause Bumps Risk Assets

by SB Crypto Guru News
September 20, 2024
in Bitcoin
Reading Time: 1 min read
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Traders said macroeconomic data suggests optimism for riskier bets, such as bitcoin, in the coming months. “The US 2Y/10Y treasury spread, an indicator of recession, has been inverted since July 2022 but has recently steepened to +8bps,” QCP Capital traders said in a market broadcast Friday. “This reflects market optimism and a shift towards risk-on assets.”



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Tags: 64KAssetsAttractBillionsBitcoinBitcoin NewsBoJsBTCBumpsCrypto NewsCrypto UpdatesFuturesHikeLatest News on CryptoPausePricesRiskSB Crypto Guru News
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