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Analysts warn of declines as cryptocurrencies rise as they await US inflation data

by SuperiorInvest

“Despite recent headline-grabbing price swings, bitcoin has remained relatively stable and strong this summer, trading consistently between $18,000 and $24,000,” Senter said. “Although Bitcoin has lost more than 50% from its all-time high, it continues to outperform with more than a third of the top 100 cryptocurrencies down 90% from their respective peaks.”

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