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Ether reclaims $1,820 as BTC tests 29k

21 Jun, 2023

It is not actually clear here which is leading the other, but the rebound started yesterday afternoon, in both BTC and Ether has extended further. Bitcoin has traded to touch 29k this morning and Ethereum (ETHUSD) has made it back above $1,800 and also just above another prior breakdown level, at $1,820. The high seen so far has been set at around $1,825. The move higher since this time yesterday has been quite impressive for both coins and comes against the backdrop of what is still an extremely negative news outlook. ETHUSD is currently trading at $1,815
 

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