Bitcoin price climbs above $59k as dip-buyers position for a potential uptrend

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“The coming months could see financial institutions such as sovereign wealth funds, pension funds and endowments start to trade in the spot ETFs”“Many of these interested firms – whether we're talking about pensions, endowments, sovereign wealth funds, insurers, other asset managers, family offices – are having ongoing diligence and research conversations, and we're playing a role from an education perspective,” Mitchnick said, adding that BlackRock has been talking about Bitcoin with...

– Gold is at an inflection point post-Fed with prices pulling back on improved market sentiment and lower safe-haven demand, according to Joaquin Monfort, European Editor at FXStreet. - The gold market is holding support above $2,300 but is not seeing much momentum as the U.S. labor market continues to stabilize.Bitcoin and the broader crypto market have seen a slight rebound in prices following Wednesday’s pullback as risk-tolerant dip buyers start to slowly reenter the market.

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