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Bitcoin, Ethereum, Dogecoin Mixed Amid Profit-Taking Frenzy: Analyst Says King Crypto Prime For Parabolic Surge, Mirroring Amazon’s 2010 Recovery

Published by
Benzinga

The major cryptocurrencies displayed a mixed performance on Sunday evening as Bitcoin, the world’s largest cryptocurrency, seemed to be undergoing a correction, while some altcoins were experiencing significant gains. What Happened: Bitcoin’s rally experienced a temporary pause on Sunday as it briefly dropped to $41,800. This slight decline indicates that traders may have opted to secure some profits after witnessing the cryptocurrency’s substantial surge from $38,000 just a week ago. ETH witnessed a notable 5% surge reaching its highest price point since May 2022. Data from CoinGlass shows th…

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