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Cryptocurrency Market Trading Recommendations for May 21
Bitcoin continued its ongoing recovery yesterday,
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Bitcoin continued its ongoing recovery yesterday, reaching a level of $78,100 today. Ethereum also rose, hitting $2,154, but that's where the positive momentum ends.The bullish momentum in the cryptocurrency market continues to fade. Spot ETFs for Bitcoin and Ethereum are experiencing sustained outflows, signaling that large players are using the recent small upward correction as a convenient moment to exit their positions. BlackRock made a notable move: it transferred 4,986 BTC (approximately $386.2 million) and 28,081 ETH (approximately $59.8 million)
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
Summary
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Maxim Magdalinin
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