<p>The price is now down 1.6% on the day to $39,100 and threatens a much steeper drop below the $40,000 mark. This comes as we are seeing a test up against its 100-day moving average (red line)
The Pound Sterling (GBP) extended rally to near 1.2700 against the US Dollar after the Bank of England (BoE) maintained interest rates steady at 5.25% in the finale of 2023.
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