Bitcoin Price Ignores $2.3T Fed Cash as Pundit Warns of ‘Sucker Rally’

Bitcoin Price Ignores $2.3T Fed Cash as Pundit Warns of ‘Sucker Rally’

The current $7,000+ price performance is getting a highly suspicious reception from traders, as markets see yet more bailouts. Bitcoin (BTC) braved less volatile but choppy trading on April 9 as the United States Federal Reserve flooded markets with trillions in dollars.Cryptocurrency market daily overview. Source: Coin360Fed rolls out trillions in loansData from Coin360 and Cointelegraph Markets showed BTC/USD still keeping within a tight $400 corridor between $7,100 and $7,410 as the week continued.A…

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Italian Red Cross Builds COVID-19 Medical Post With Donated Bitcoins

Italian Red Cross Builds COVID-19 Medical Post With Donated Bitcoins

A cryptocurrency fundraising initiative for the Italian Red Cross has tripled its initial campaign goal of roughly $10,000 in less than four weeks. On April 5, Italy’s “blood donation day,” the Italian Red Cross constructed an advanced medical post using funds generated through a crypto fundraiser.The Italian Red Cross has raised nearly $32,000 through cryptocurrency donations in less than one month. Roughly $22,000 has been used to finance the construction of the initiative’s first…

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