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Bitcoin Bottom or Deeper Correction? The Data Points Both Ways

By Kamina Bashir

Bitcoin (BTC) price has slid 8.55% over the past week, trading at $73,752, per BeInCrypto Markets. An AI stock sell-off and rising rate-hike bets hit risk assets, and crypto has yet to recover. The slide has also set off a run of bearish signals across the market. Whether they mark a bottom or the first The post…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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