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Market Wrap: Bitcoin Pauses Losing Streak but the Trend Is Still Not Bullish

BTC, while higher, is still being outpaced by ether thanks to continued enthusiasm about the Ethereum Merge expected next month.

Are the waters too still? The market could be waiting for large speculators to add to their long positions as a sign BTC will rise again. (Constant Loubier/Unsplash)
Are the waters too still? The market could be waiting for large speculators to add to their long positions as a sign BTC will rise again. (Constant Loubier/Unsplash)