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    Grandmothers in Congress are ‘trying to bring common sense’ to an ‘uncommon’ sense government

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    Taliban failures speed up Afghan brain drain, battering an already crippled economy (Part I)

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    Hawaii primary election results: Josh Green captures

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    United States: DOJ continues to prioritize the protection of competitive labor markets

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    How to qualify for Inflation Reduction Act climate tax breaks, rebates

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    Minkoff Development and South Duvall Lease Build-to-Suit Project to Hughes Network Systems at PIC MC Montgomery College Germantown Campus

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    Dateline Rice for Aug. 9, 2022 | Rice News | News and Media Relations

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Panic Is Suddenly Spreading Among Bitcoin, Ethereum, BNB, XRP And Dogecoin Traders Even As The Market Soars Toward A $1.7 Trillion Price

August 1, 2021
Reading Time:3 mins read
Panic Is Suddenly Spreading Among Bitcoin, Ethereum, BNB, XRP And Dogecoin Traders Even As The Market Soars Toward A $1.7 Trillion Price

Bitcoin and cryptocurrency prices have soared this weekend, with the bitcoin price making significant gains over $40,000 (subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover crypto blockbusters poised for 1,000% gains).

The bitcoin price climbed to almost $43,000 per bitcoin last night, its highest since mid-May and almost $10,000 higher than its price this time last week. Meanwhile, the ethereum price has led the cryptocurrency market higher over the last 24 hours, with traders eyeing $3,000 per ether token. The combined crypto market has added $250 billion over the last week and is now nearing $1.7 trillion.

However, many crypto traders are feeling increasingly nervous due to the $550 billion bipartisan infrastructure bill that’s currently making its way through U.S. legislature and includes a provision to raise $28 billion from crypto investors, with some warning it could “kill” the industry.

Sign up now for the free CryptoCodex—Join tens of thousands of others who receive the CryptoCodex newsletter every weekday. Helping you understand the world of bitcoin and cryptocurrency, arriving in your inbox at 7am EDT

MORE FROM FORBESCrypto Price Prediction: Bitcoin Could Be Left In The Dust By Ethereum In 2021By Billy Bambrough

The bitcoin price has bounced over the last week, boosting the price of ethereum, Binance’s BNB, … [+] cardano, XRP and dogecoin even as fears grow over a proposed U.S. crypto industry crackdown.

…

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