First Mover: Bitcoin Breaches $16K as (Committed) Holders Diss Dalio’s Diss

Bitcoin briefly climbed above $16,000 for the first time in three years before quickly falling back below the psychological threshold. 

Digital-asset market traders and analysts say the cryptocurrency is likely to make another run higher, with strong demand expected from traditional investors looking for a hedge against inflation, at a time when sellers appear unwilling to part with their bitcoin holdings.   

“Against the backdrop of stimulus from the Federal Reserve, we expect investors…


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