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YS_ZENG
2022-09-19

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Bitcoin Falls Below $19,000. Why a Big Move May Be Coming

Bitcoin traded a new one-year low on Monday and other cryptocurrencies followed it lower ahead of wh

Bitcoin Falls Below $19,000. Why a Big Move May Be Coming

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lololol13
·2022-09-19
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Pls like","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9910810345","repostId":1137005013,"repostType":2,"repost":{"id":"1137005013","pubTimestamp":1663592434,"share":"https://www.laohu8.com/m/news/1137005013?lang=&edition=full","pubTime":"2022-09-19 21:00","market":"us","language":"en","title":"Bitcoin Falls Below $19,000. 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The Fed’s decision on rates is expected Wednesday afternoon.</p><p>Rick Bensignor of Bensignor Investment Strategies notes that open interest in Bitcoin futures has risen by 20% over the past few months, with the crypto doing very little over that time period. “That means a big move is in the works,” he writes.</p><p>Crypto-related stocks followed Bitcoin lower on Monday. Coinbase (COIN) was down 3.7%, Marathon Digital (MARA) declined 4.3%, and Riot Blockchain (RIOT) fell 3.1%.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Falls Below $19,000. 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Why a Big Move May Be Coming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-19 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/bitcoin-ether-crypto-market-today-51663576077?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin traded a new one-year low on Monday and other cryptocurrencies followed it lower ahead of what’s expected to be the third straight outsize interest rate hike from the Federal Reserve when the ...</p>\n\n<a href=\"https://www.barrons.com/articles/bitcoin-ether-crypto-market-today-51663576077?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.barrons.com/articles/bitcoin-ether-crypto-market-today-51663576077?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137005013","content_text":"Bitcoin traded a new one-year low on Monday and other cryptocurrencies followed it lower ahead of what’s expected to be the third straight outsize interest rate hike from the Federal Reserve when the central bank meets this week.Bitcoin has fallen to $18,688, down 6.1% over the past 24 hours, according to CoinDesk. The world’s largest cryptocurrency has declined almost 60% this year. It came off earlier lows that had Bitcoin trading at levels last seen in December 2020.Ether, the second-largest crypto, has declined more than 8% over the past 24 hours to $1,307. 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