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Guavy AI Editorial TeamSentiment: 2Clout: 85

Bitcoin Prices Bounce Back Above $65,000 Amid Weakening US Dollar

Bitcoin prices have experienced a significant rebound in the past few days, climbing back above $65,000 as the US dollar weakened and Asian stocks rallied.

This move follows weeks of heavy losses for the cryptocurrency, with its total market cap falling to around $2.19 trillion – close to the lows seen during the February 5 crash.

Analysts are closely watching this bounce to see if it signals a real trend reversal, with some predicting a potential 10% upside or a further 25% decline if it fails.