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CryptoCointelegraphabout 12 hours ago
Bitcoin defies recent tech stocks sell-off. Are bulls eyeing a $70K rally?Bitcoin showed relative strength over the past week, breaking above $65,000 on Monday despite failing to clear $65,500. The cryptocurrency decoupled from traditional markets as investors sold memory-chip makers on AI valuation fears. Strategy raised $263 million in cash by selling common stock, easing Bitcoin sell-pressure concerns. A rally toward $70,000 could be ignited by weak corporate earnings.
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