Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase

The ETFs of BlackRock (IBIT) and Fidelity (FBTC), the largest new entrants, booked their strongest opening-hour trading volume since Jan. 22, with share prices rising about 5%, TradingView data shows, perhaps signaling buyers entering the market after the weekend to allocate fresh funds.

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