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CryptoIntelligence 2024-08-13 18:19:45

Bitcoin Price Action Ignores Japan and US Stock Market Rally

Bitcoin (BTC) remained largely unaffected by global macroeconomic events on August 13, with its price action staying below the $60,000 mark. Data from Cointelegraph Markets Pro and TradingView highlighted a lackluster performance for BTC/USD during the Wall Street open, contrasting with the more positive sentiment in stock markets. The day’s bullish mood was driven by Japan, where the Nikkei 225 fully recovered its significant losses from earlier in the month. The index closed at 36,232 points, marking a 3.45% increase. U.S. equities also showed promise, with the S&P 500 and Nasdaq Composite Index rising by 0.8% and 1.4%, respectively, within

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