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As of 10:56PM UTC. Market open.
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    Bitcoin Holds as Traders See the Halving Pushing Prices Above Record Highs

    and other cryptocurrencies were little changed Friday, hovering at levels that have held for much of this week as Bitcoin’s halving—which will reduce token supply—looms as a key catalyst for cryptos. The price of has hovered around flat over the past 24 hours at $70,800, levels around which the largest digital asset has traded for much of the past week and within striking distance of its mid-March all-time high near $74,000. Bitcoin has recovered from a brief selloff on Wednesday, when data showed persistent inflation that could stop the Federal Reserve from cutting interest rates—which should be supportive for cryptos—as soon as once expected.


    Bitcoin Bounces Back. Why Cryptos Can Shake Off Inflation Fears.

    Bitcoin’s halving and other factors supporting demand make the outlook for interest rates less critical for cryptos.


    Bitcoin Falls as Red-Hot Jobs Report Threatens the Crypto Recovery

    Bitcoin, like the stock market, risks further declines this week as investors digest a hotter-than-expected U.S. jobs report.