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BTC recovers to $107K after weekly volatility; focus shifts to US economic data

  • Bitcoin (BTC) rebounds to trade above $107,000 after volatile week, signaling renewed upward momentum.
  • Market sentiment shifts from fear over Middle East conflict to risk-on rally, boosting crypto and tech stocks.
  • Focus turns to upcoming US economic data releases, including GDP figures and unemployment claims, for potential price movement catalysts.
  • Quarterly expiration of Bitcoin futures and options on June 27 expected to bring increased volatility as traders adjust their positions.

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