Bitcoin holds $20K whereas flirting with a honest futures top rate for the first time in 6 months

Bitcoin holds $20K while flirting with a just futures top rate for the first time in 6 months

© Reuters
USD/CNY
+0.11%
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MA
-0.14%
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WMT
-0.61%
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BTC/USD
+0.64%
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After 66 agonizing days, Bitcoin (BTC) mark finally broke above the $20,000 psychological resistance on Jan. 14. On the same time, the light $400 billion market capitalization offers BTC a yell in the prime-20 world tradable assets, surpassing giants like Walmart (NYSE:WMT), Mastercard (NYSE:MA) and Meta Platforms (META).

From one side, Bitcoin bulls absorb reasons to celebrate after its mark recovered 34% from the $15,500 low on Nov. 21, but bears light absorb the upper hand on the next time-frame since BTC is down 52% in twelve months.

<em>USDC survey-to-survey vs. <span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/currencies/usd-cny" id="63c76f2decf1d" class="aqlink js-hover-me" hoverme="aql" data-pairid="2111">USD/CNY</a></span>. Provide: OKX</em>
<em>Bitcoin 2-month futures annualized top rate. Provide: Laevitas.ch</em>

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