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TronWeekly

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Bitcoin Crashes Then Recovers: Is a Big Breakout Around the Corner?

  • Bitcoin's price dropped from $103,500 to $98,000 after Federal Reserve Chair Jerome Powell dismissed rumors of a U.S. Bitcoin reserve.
  • Bitcoin quickly regained stability and remains in an upward trendline with higher highs and lows.
  • Investors are shifting to altcoins in anticipation of a potential 'alt season' in 2025.
  • BlackRock's $359M ETF inflow highlights institutional confidence in Bitcoin.

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