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Stock impact report

Bitcoin Holds Firm Above $70,000 as Global Assets Recover [Yahoo! Finance]

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
The original cryptocurrency was trading above $72,500 at 10 a.m. on Thursday in Singapore, dropping as much as 1.4% after advancing 8% on Wednesday during US hours. Most Read from Bloomberg NYC Hudson Yards-Area Apartment Tower Sells for $129 Million Adding Up What Urban Highways Really Cost NYC Congestion Pricing Program Can Continue, US Judge Rules Supreme Court Preserves NY GOP-Held Congressional District How to Fireproof a Neighborhood Earlier in the week, Bitcoin appeared stable relative to other assets, which saw significant selloffs as soon as markets reopened following US and Israeli strikes on Iran over the weekend. By Thursday, however, stocks were rebounding. Korea's Kospi index jumped 11%, while Japan's Nikkei 225 rose 4.2%. “With macro uncertainty and escalating conflict in the Middle East, markets are increasingly pricing in expectations of more accommodative financial conditions,” said Gracie Lin, chief executive officer of the crypto exchange OKX SG. “ Show less Read more
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