Bitcoin Maintains its Strength Amid Economic and Geopolitical Pressures
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Bitcoin (BTC) fell during the early U.S. trading session but remained mostly stable after weak macroeconomic data was released. Bitcoin was trading just below $95,000 by the end of the day, marking a 0.5% increase over the past 24 hours. The Dallas Fed Manufacturing Index plummeted to -35.8, the lowest level since May 2020, reflecting significant economic concerns caused by the Trump tariffs. Meanwhile, hostilities between India and Pakistan may have also heightened market tensions.
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