Bitcoin Bounces Back: Is a New Bull Run Looming Amid “Extreme Fear” in the Market?

Quick Summary:

Bitcoin’s price has climbed above $55,589, which is a 12.2% increase from its lowest point yesterday.

After a big crash in the crypto market on Monday, August 5, things are starting to look up.

At the same time, veteran trader Peter Brandt is feeling positive about Bitcoin.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Bitcoin Looming Halving Bull Bounces Similar Crypto Market Price Back:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 05:55:28 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21951489

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 15 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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