• Bitcoin price spikes 5% shortly after ECB stimulus announcement

    The price of Bitcoin (BTC) increased from $12,920 to $13,600 in four hours, recording a 5% rally. The uptrend coincides with positive developments from the European Central Bank, or ECB, and optimistic job data from the United States.
    BTC/USD 1-hour chart. Source: TradingView.com
    Macro factors favor Bitcoin rally

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