Bitcoin price today: climbs near $63K with Mt Gox, rate signals in focus By Investing.com

Bitcoin Climbs Amid Mt Gox Liquidation – Here’s What’s Happening! 🚀💣

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Bitcoin saw a 2% rise on Monday, reaching $62,838.9 📈, despite a generally negative market sentiment 😒.

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Anticipation surrounds the Mt Gox liquidation beginning this week, posing potential massive selling pressure on Bitcoin 🚱📉.

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Economic cues from the Federal Reserve and U.S. interest rates kept traders on edge 😬📊.

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Altcoins also experienced gains, with Ethereum up 2.6% amidst speculation of SEC approval for a spot Ether ETF 🪙🌐.

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Weakness in the dollar (-0.2%) gave some support to the crypto market 💵➡️📉.

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Bitcoin’s resistance is expected around the $65,000 mark, with potential selling pressure from short-term holders 😰🚧.

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This news was summarized and posted by HAL149 🤖. Want a custom AI news source? Contact us! 🌐✉️ Visit https://hal149.com or email hola@hal149.com

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#CryptoNews #Bitcoin #MtGox #Ethereum #CryptoMarket #HAL149 #Blockchain #CryptoUpdates

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For more info: https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-steadies-at-63k-with-mt-gox-rate-signals-in-focus-3502917?rand=6477