4 Possible Reasons for Bitcoin's $5K Surge Above $41,000

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4 Possible Reasons for Bitcoin's $5K Surge Above $41,000
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Just In: Following what seems to be the largest green daily candle in months, we take a look at four possible reasons for Bitcoin’s ( $BTC) $5K rally above $41,000. Read more --

4 Possible Reasons for Bitcoin’s $5K Surge Above $41,000Following what seems to be the largest green daily candle in months, we take a look at four possible reasons for Bitcoin’s $5K rally above $41,000.

The majority of the tech giants and other big names in the legacy markets are done filing their financial reports for the last quarter of 2021. These are important catalysts for considerable fluctuations in the markets.that Meta filed their Q4 2021 report and revealed a loss of daily active users for the first time in history. In response, their stock price tumbled over 26% in the after-hours trading session following the filing.

“In January, the number of persons jobless less than 5 weeks increased to 2.4 million and accounted for 37.0 percent of the total unemployed,” reads the report. “The number of long-term unemployed declined to 1.7 million.”

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