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Bitcoin Price hovered near $85,998 after a slight weekly gain, as gold weakened and oil fell below $88. Ethereum traded at $2,708, while XRP held above
Bitcoin is holding up while the stocks of the companies that mine it are cratering, and the gap between the coin and the miners reveals something uncomfortable about how these businesses actually work.
Gold and Bitcoin face pressure ahead of the FOMC minutes, while a Bitcoin breakout above $87,000 could open the way towards $100,000.