A day of important macroeconomic news both in the U.S. and Europe sees BTC price action circling the all-important $25,000 zone.
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Bitcoin (BTC) rebounded for a fresh challenge of $25,000 on March 16 ahead of a key interest rate decision in Europe.
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BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCredit Suisse stock up 40% after “decisive action”
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining almost $1,000 versus overnight lows of $24,229 on Bitstamp.
The pair remained buoyant as news hit that Switzerland’s central bank was due to inject $50 billion Swiss francs ($53.8 billion) into the embattled Credit Suisse, shares of which added 40% on the day.
“These measures demonstrate decisive
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