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Sept. 1, 2022 Top News Rundown

Market Wrap: Bitcoin’s Price Rises Amid Uncertainty – Coindesk

The price appears to be both undervalued and range-bound.

The Next Bitcoin Explosion – Bloomberg

We may be just 2 years away from the next big explosion of Bitcoin prices. Bloomberg’s Eddie van der Walt explains. (Source: Bloomberg)

Bitcoin won’t bottom out until the economy bottoms out: strategist – Yahoo! Finance

U.S. equities are poised for more pain – and bitcoin (BTC-USD) is set to feel the sting, too, according to one of Wall Street’s most bearish strategists.

Bitcoin Price Drops Below $20,000 – The Wall Street Journal

The dollar value of bitcoin sank below $20,000 again as a broader selloff in markets gathered steam.

Thursday’s decline spanned global stock markets, precious metals, oil and major currencies as investors worried about aggressive tightening by the Federal Reserve to tame inflation.

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