The Tell: Bitcoin at ‘redemption arc’ as banking pressures rise, says AllianceBernstein

The Tell: Bitcoin at ‘redemption arc’ as banking pressures rise, says AllianceBernstein

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Cryptocurrencies are experiencing a “redemption arc,” as bitcoin rallies and investors keep a close eye on pressures in the U.S. banking system, according to analysts at AllianceBernstein. Bitcoin BTCUSD, tumbled harder than other major assets last year, but has rebounded sharply this year. The…

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