Crypto Daily Roundup: Bitcoin Double Bottom Signals Trend Shift

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A recent social media rumor suggested that BlackRock, the world's largest asset manager, might be changing its digital currency strategy from Bitcoin to XRP. However, this rumor lacks credible sources and originated from a fake news account. While BlackRock has shown interest in cryptocurrencies, there is no concrete evidence of a shift towards XRP.

The US dollar eased a bit following a drop in consumer sentiment but remained set for its ninth straight weekly gain. The Japanese yen reached a 10-month low. University of Michigan's Consumer Sentiment Index dipped, while import prices and New York Fed factory activity data showed mixed results. The Federal Reserve is likely to maintain unchanged interest rates in its upcoming policy meeting. The dollar index slipped 0.08%, and the euro saw a slight recovery from a six-month low. Meanwhile, the yen continued to weaken against the dollar, hitting a 10-month low...Read More Crypto News
 
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