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Where the price sits against its 50- and 200-day moving averages.
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The token fell as much as 2.3%, even as US spot funds posted their strongest weekly inflows since October.

A rally, nearly $1 billion in ETF inflows and a break above a key chart level have revived hopes of a market recovery.

The Connection Capital founder expects one more crypto rally, but warns that a stronger dollar could trigger a steep reversal later this year.