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What Bitcoin reserve? BTC price slips back below $90K

cryptoweekly by cryptoweekly
March 6, 2025
in bitcoin, News
0

Bitcoin is hardly giving bullish cues despite a BTC reserve potentially being announced by the US within 24 hours.

Bitcoin (BTC) fell to intraday lows after the Mar. 6 Wall Street open as market discounted good news coming from the US’ first White House Crypto Summit.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading down 2% on the day.

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  • Hacker reconnaissance work continues on TeleMessage app vulnerability — Report
  • Lawsuits piling up against Strategy could take years, go nowhere, lawyer says
  • GENIUS' ban on stablecoin yield will drive demand for Ethereum DeFi — Analysts
  • The rise of ETFs challenges Bitcoin’s self-custody roots
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