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Bitcoin has fallen below $27000, encryption agencies are accelerating their flight, while US regulators are busy engaged in 'infighting'?
Reported by Zhao Yi, Hu Jinhua, a reporter from China Times (www.chinatimes
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Bitcoin BTC rebounded significantly from its 50 day moving average, recovering $28000
Bitcoin (BTC) prices have shrugged off concerns about sudden changes in long-term dormant wallets, as well as ongoing regulatory uncertainty surrounding Coinbase's lawsuit against the US Securities and Exchange Commission due to unclear encryption rules, and have rebounded strongly to a level of over $28000 for the first time in four days.This may be due to a surge in technical buying before the 50 day moving average of $27200, as well as recent support from a low point slightly above $27000