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Trading Recommendations for the Cryptocurrency Market on February 12
Yesterday, Bitcoin declined to around $65,700
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Yesterday, Bitcoin declined to around $65,700 but then recovered slightly and is now trading at $67,100. Ethereum, on the other hand, remains below $2,000, indicating sustained selling pressure.Meanwhile, institutional recognition of Bitcoin continues. This recognition is now reinforced by actions from a reputable agency like S&P Global, which opens a new chapter in its development. The assignment of credit ratings to transactions secured by BTC indicates growing confidence among financial institutions in the stability and liquidity of this cryptocurrency. This
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Urgency
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Maxim Magdalinin
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