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The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 07:00 ET on weekdays.
Oluwapelumi Adejumo 3 min read 
Increased buying pressure in the U.S. and the E.U. pushed Bitcoin's price close to $21,000 as the two regions begin to buy BTC for the first time since August.
The majority of Bitcoin investors are holding losses during this period of stagnant price action.
A total of $936.24 million was secured in short liquidations on the popular cryptocurrency exchange FTX, marking the largest ever since its emergence.
Moldova is currently facing an energy crunch due to Ukraine's inability to continue exporting 30% of the electricity it needs.
The lawmakers said Americans need to be sure that government policies were not being created to "cater to the crypto industry’s desire to 'avoid the sort of regulatory crackdown it has faced in China and elsewhere.'"
86% of crypto shorts were wiped out since the Euro session opened, and with help from the McRib, hopes are high of a sustained move upwards.
Experts believe that Bitcoin’s easy accessibility makes it a choice hedge for economies in crisis.
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 07:00 ET on weekdays.
