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Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin’s Recent Gains

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Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin’s Recent Gains

“The Merge narrative on ETH has gotten a little murkier,” said Joshua Lim, Head of Derivatives at Genesis Trading. “Complications around a proof-of-work fork could create market disruptions and the geopolitics of Pelosi’s visit to Taiwan weighs on the price.” (Genesis is owned by Digital Currency Group, which also owns CoinDesk.)

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