PLUS: The ongoing tragicomedy surrounding Sam Bankman-Fried took another turn on Friday as his bail was revoked. Even prior to this verdict, David Morris, a CoinDesk columnist, had already outlined why the final outcome was easily foreseeable.
The likelihood of another rate hike is diminishing due to the modest Consumer Price Index (CPI) figures.
Despite the declining trading volume, all indicators strongly suggest an imminent break-out.
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