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Cryptocurrencies Price Prediction: Bitcoin, BONK & SEC – European Wrap 19 January

Bitcoin price dwindles amidst resounding ETF success, BTC dethrones Silver with capital inflow

Bitcoin price continued its decline closer to $41,000 on Friday. At the time of writing, BTC price is $41,148. Institutions like Tether and MicroStrategy are keen on BTC accumulation and the largest cryptocurrency’s ETFs have dethroned Silver as the second largest commodity. 

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BONK price crash leads to half a million Dollars in liquidations

BONK price is reinforcing the bearish narrative for the meme coin market after disappointing runs from Dogecoin and Shiba Inu. The lack of growth has already stumped investors, and the ones optimistic about witnessing a recovery are being shot down by the bearish market conditions.

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SEC v Binance lawsuit: Federal Judge calls for court review of whether digital assets are securities

The latest development in the SEC v. Binance lawsuit is that Federal Judge Amy Berman Jackson has ordered a court review of whether digital assets and staking products are securities. 

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Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.