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GBPUSD plummets below 200-day moving average, expect bearish trend to continue
GBPUSD plummets below 200-day moving average, expect bearish trend to continueNext![Torex Gold receives all key approvals to start operations at Media Luna]( "Torex Gold receives all key approvals to start operations at Media Luna")
Torex Gold receives all key approvals to start operations at Media Luna
Torex Gold receives all key approvals to start operations at Media Luna
© Reuters. FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo
(Reuters) – , the world’s largest cryptocurrency, rose more than 5.3% on Wednesday to $37,978, near a one-week high. It has risen about 125% so far this year.
While bitcoin remains far from the investment fever pitch it hit in late 2021, the crypto sector has enjoyed a rally in recent weeks as the expected end of central bank rate-hiking cycles draws cash back into high-risk assets.
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