Bitcoin returns to a holding pattern as crypto markets pull back from this week’s gains

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City AM

By Darren Parkin The leading cryptocurrency by market couldn’t manage to hold the support it found above $27k earlier in the week, dipping 2% in the last 24 hours and starting today back below this key level. Ethereum (ETH) and the rest of crypto are trading in a similar pattern, some like Avalanche being deeper in the red than others. The narrative remains the same. Uncertainty around the US debt ceiling talks and regulatory pressure in the country are keeping investors modest, which is reflecting in low trading volumes. Yesterday’s Crypto AM DailyIn the MarketsThe Bitcoin Economy*Data can be…

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