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Bitcoin is close to 100,000 dollars but suffers a decline

The value of Bitcoin in real time

This morning, the value of Bitcoin reached a crucial moment, approaching 99 thousand dollars. This goal represents an important psychological threshold for cryptocurrency investors and enthusiasts.
However, in the following hours, Bitcoin declined slightly, moving away from the long-awaited goal of 100,000 dollars.

Bitcoin’s decline and recovery

In the afternoon, Bitcoin registered a loss of 3.2%, briefly trading below 95 thousand dollars and reaching a low of 94,525 dollars. This decline raised concerns among investors, but Bitcoin subsequently recovered, once again exceeding the 95,000 dollar mark. Currently, the cryptocurrency is testing significant resistance in this price range
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Impact on the financial market

The closure of Piazza Affari was colorless, with the Ftse Mib ending almost unchanged. Among the important news, Banco Bpm shone after Unicredit’s public exchange offer. Meanwhile, Thyssenkrupp announced a plan to reduce or outsource 11,000 jobs in its steel division by 2030, due to energy cost pressures and international competition. The goal is to reduce personnel costs by 10% to maintain competitiveness
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Closing of Chinese stock exchanges and political appointments

Chinese stock exchanges registered a mixed close, with the Shanghai index falling and the Shenzhen index rising, while Hong Kong saw a decline. The appointment of Scott Bessent as US Secretary of the Treasury by Donald Trump has influenced the market, which awaits new indications on the national economy. Investors are waiting for signs that may influence economic and monetary policies
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Innovations in the payment industry

In a context of changes and challenges, Revolut launched its new POS device, the Revolut Terminal, in Italy. This makes Italy the third European market to receive the product, after the United Kingdom and Ireland. The terminal promises speed and reliability in payments, with a platform uptime of 99.99% and always-on connections, representing a significant step forward in the digital payments sector
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