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Bitcoin News Roundup for April 29, 2020

BTC prices rise as experts agree that the halving isn't that big a deal. It's CoinDesk's Markets Daily Podcast.

Updated Sep 14, 2021, 8:34 a.m. Published Apr 29, 2020, 4:00 p.m.

BTC prices rise as experts agree the halving isn't that big a deal. It's CoinDesk's Markets Daily Podcast.

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Bitcoin Rebounds to $93K From Post-Fed Lows, but Altcoins Remain Under Pressure

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Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.

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Bitcoin rebounded from a sharp early selloff on Thursday to trade above $93,000 shortly after the close of U.S. stocks.
The late-day gain in bitcoin came alongside a rebound in the Nasdaq from big morning losses; the tech index closed with just a 0.25% loss.
Downward pressure on bitcoin is losing steam, said one analyst, but the market is not yet out of the woods.