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Bitcoin was not too long ago buying and selling at $26,362, down about 3.1% over the previous 24 hours. The biggest cryptocurrency by market capitalization had been hovering in a slim vary earlier than dipping beneath its current $26,500 help early Wednesday. Markets have been roiled by an ongoing debt ceiling stalemate and inflationary and crypto regulatory considerations. Federal Open Market Committee minutes exhibiting a distinction of opinion amongst U.S. central bankers about additional price hikes did little if something, to appease markets – crypto or in any other case.
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