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With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

CoinDesk LogoCoinDesk11h ago

With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level - CoinDesk

Quick Summary:

Wednesday's crypto rally stalled as Bessent reiterated the difficulties in making a deal with China.

In a sign of renewed investor demand, U.S.-listed spot BTC exchange-traded funds (ETFs) have recorded nearly $1.3 billion in net inflows this week so far, according to SoSoValue data.

Bessent, however, said on Wednesday that the White House had not made a unilateral offer to cut tariffs on China, and that a deal between the two nations would take two to three years to achieve.

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With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level - CoinDesk (Picture 1)With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level - CoinDesk (Picture 2)

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 20:24:24 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 28178211

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 30 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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  • URL: https://chronographically.beamstart.com/news/with-gold-stalling-is-it-17454419482523

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