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Bitcoin rebounds to break above $80,000, while Shiba Inu (SHIB) bucks the trend and drops below support line
Bitcoin rebounded above $80,000, while Shiba Inu (SHIB) bucked the trend to weaken and broke below its support line. Driven by recent buying pressure, Bitcoin climbed back above the $80,000 mark, with Ethereum and several other major tokens also posting gains. However, Shiba Inu failed to follow the rebound, continuing to face selling pressure and trading at approximately $0.00000475, having broken below its ascending support trendline and trading below major moving averages.
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