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Bitcoin Stabilizes as Altcoins Underperform

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“Bitcoin’s recovery is a long shot as investors are more keen on the price being stabilized for now,” Alex Axelrod, founder and CEO of Aximetria, a crypto monetary companies agency, wrote in an e-mail to CoinDesk. Axelrod is monitoring BTC value ranges of between $32,000 and $40,000 for affirmation of a breakdown or breakout.

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