Price Point: Bitcoin Stays Above $20K as US Stock Futures Drop After 2 Days of Big Gains

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Price Point: Bitcoin Stays Above $20K as US Stock Futures Drop After 2 Days of Big Gains
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Bitcoin ($BTC) was still trading above $20,000 on Wednesday as investors' appetite for risky assets remained healthy. LedesmaLyllah reports.

) managed to remain above $20,000 overnight as risk appetite appeared to improve. The world’s largest cryptocurrency by market value was up by around 1% on the day. U.S. stock futures fell after major indexes clocked in their biggest two-day point and percentage gains in more than two years. European stocks also fell.

The rally in traditional markets picked up on Tuesday following the release of weaker-than-expected U.S. labor market data. Meme-based token dogecoin gained 5% on the day as Tesla CEO and dogecoin proponent Elon Musk said he will buy Twitter for the price originally agreed to. Twitter’s shares

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