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Bitcoin Higher as US Ban on Russian Oil Imports Roils Markets

Crypto traders are still evaluating the potential impact of soaring oil prices on bitcoin's price – if any.

Updated May 11, 2023, 4:47 p.m. Published Mar 8, 2022, 7:52 p.m.
Bitcoin faces price pressure below $40,000 (CoinDesk)
Bitcoin faces price pressure below $40,000 (CoinDesk)