Trump-Backed American Bitcoin Turns a Profit as Bitcoin Rise Lifts Books
The Hut 8-backed miner reversed a second-quarter loss, driven largely by a $197 million gain on its Bitcoin holdings.
This story was originally published by Decrypt.
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Bitcoin saw sudden downside at the Wall Street open as stocks witnessed a snap sell-off, reversing post-election gains.
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Bitcoin’s Recovery Faces a Reality Check: Cycle Conditions Remain Subdued
Bitcoin staged a sharp rebound after Wednesday’s election-driven selloff, when uncertainty over the US midterm results sent the crypto asset tumbling to nearly $75,600, its lowest level in almost…
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Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out
Bitcoin plunged nearly 5% as AI stocks sank, Democratic midterm wins raised fresh policy questions, and forced liquidations erased a Wednesday rally that had been fueled partly by short covering.
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Bitcoin Price Crashes Over 5% to $75,000 as Tech Rout Wipes Out Leveraged Longs
Bitcoin price fell about 5% on Thursday morning, sliding from above $80,800 to near $76,000 as a sharp selloff in technology stocks spread into crypto and wiped out leveraged traders betting on…