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0 -0.000697105415940987 -0.00128556025545327 -0.000165878742639098 0.00306875673882396 -0.0117566558845484 -0.00360786265240111 -0.00792070996101848
Stock impact report

Bitcoin slips to nearly $95,000 as Senate delay and risk-off moves weigh on crypto [Yahoo! Finance]

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
Bitcoin pulled back to almost $95,000 after rising to a two-month high near $97,000, with trading volume down 13% over the past 24 hours. Ether (ETH) remained range-bound around $3,300, while XRP (XRP) and dogecoin (DOGE) fell 2.66% and 4.23%, respectively. The pullback followed news that the Senate Banking Committee postponed markup on the market structure bill after opposition from parts of the industry. Shares of crypto-linked firms also fell, with Strategy and Coinbase closing down 4.7% and 6.5%. More than $320 million was liquidated from crypto markets over the past day, according to Coinglass, with long positions accounting for about 81% of the total. Bitcoin's open interest fell 2.31%, though more than half of Binance traders with open BTC positions remained long. Some analysts said Thursday's move looked like a pause rather than a reversal, while market watchers at crypto and currency exchange B2BINPAY said bitcoin appears to be moving out of a long consolidation phase. Show less Read more
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