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Bitcoin Leaps to Retest $7,000 But Risks a Major Bull Trap: Here’s Why

Bitcoin Leaps to Retest $7,000 But Risks a Major Bull Trap: Here’s Why | NewsBTC

Bitcoin prices jumped overnight to retest $7,000 but risked falling into a bull trap as no sound catalyst justified its pump. The benchmark cryptocurrency rose 9.67 percent in just four hours to $6,767 per token midnight Thursday. The move uphill injected about $7 billion into the bitcoin’s market cap, which topped near $121.97 billion ahead of the European morning session.







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