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Bitcoin clips $58K as Dogecoin stalls and adoption news fuels bulls

New allocations from big business come as momentum behind the latest altcoin rally seems to shift away from familiar names.
Bitcoin (BTC) touched $58,000 on Thursday as the latest phase of its comeback seemed to come at the expense of altcoins.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin claws back lost limelightData from Cointelegraph Markets Pro and TradingView showed BTC/USD’s return to battle familiar resistance near old all-time highs on Thursday.The move builds on strength from earlier in the week. As Cointelegraph reported, Wednesday saw $57,000 and 5% daily gains.As analysts began to note, however, altcoins are facing increasing pressure from a newly invigorated Bitcoin, which just days before had been left in the shade by their performance.Thursday, thus, saw 4.4% growth on BTC/USD, while Binance Coin (BNB) and Dogecoin (DOGE), previously the week’s high flyers, were both flat. Other altco

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Źródło: https://cointelegraph.com/news/bitcoin-clips-58k-as-dogecoin-stalls-and-adoption-news-fuels-bulls

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