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May goes down as strong month for BTC

June 01, 2024, 2:49 AM
The price of Bitcoin stayed in the range of $67,000 by the end of May, up 12% compared to the $60,000 range in early May, according to CoinDesk. Bitcoin price could break the $73,000 level and rally to an all-time high (ATH) in June, backed by the possibility of rate cuts by the U.S. Federal Reserve. However, strong economic data could indicate a potential retest of the May lows, the press said.

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