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Bitcoin Flirts With $38,000 as Spot ETFs Encourage Bull Run
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Bitcoin Price Flirts with $38,000 as Spo...
Asian Markets' Positive Weekly Closing
Bitcoin Approaches $38,000 as Dollar Vul...
Bitcoin Flirts With $38,000, Dollar Vuln...
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Bitcoin's price is approaching $38,000, the level last seen in May 2022, due to expectations of increased demand from spot ETFs. The dollar remains steady but vulnerable after the Federal Reserve's hawkish rhetoric shift last week. The US dollar dropped to a six-week low after softer-than-expected jobs data, reinforcing expectations that the Federal Reserve will hold interest rates steady at its December meeting.
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How might the approval of spot ETFs impact Bitcoin's price?
What are the potential implications of the Bank of England's decision to hold rates steady?
What factors contribute to the vulnerability of the dollar?
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