The cryptocurrency market has definitely got some fresh air this year. Bitcoin price defended the key $6000 barrier and started rising amid Middle East tensions. However, unlike with gold, Bitcoin was able to sustain the rally and the price has crossed the $8500 today – the highest level in 2 months. Other cryptocurrencies are gaining as well. Bitcoincash is up 25% just today and its price has already nearly doubled in 2020.

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Daily Summary: 📉 A Red Day Across Markets. AI Sector Weighs on Wall Street, Precious Metals Under Pressure