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Bitcoin price rebounds but remains sideways with low liquidity

By João Pedro Malar

Bitcoin operates at a high on Thursday, 18, with a recovery movement from the fall the day before.

Still, the asset continues with a strong sideways movement, reflecting both low liquidity in the market and uncertainties among investors about the global macroeconomic scenario, involving interest rate hikes and discussions about the debt ceiling in the United States.

According to data from the CoinGecko platform, the largest cryptocurrency on the market has traded up 2.1% in the last 24 hours, quoted at US$27,252.

The sector as a whole, meanwhile, has accumulated an appreciation . . .

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