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Trading Recommendations for the Cryptocurrency Market on April 20
Bitcoin and Ethereum have resumed declines
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Bitcoin and Ethereum have resumed declines following another development that could derail the entire peace negotiation process in the Middle East. Bitcoin has already dropped back to around $74,000, while Ethereum is trading at $2,223.Last Friday, Bitcoin reached an impressive high of $78,000. This surge was largely triggered by positive news from the Middle East: reports that Iran would keep the Strait of Hormuz open until the ceasefire agreement expires effectively alleviated significant concerns about global security and energy supply.
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
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Urgency
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Maxim Magdalinin
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