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Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading Coindesk 1 week ago

Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading 📉

Bitcoin has fallen below the $56,000 mark. This decline mirrors a selloff in U.S. traditional markets.

The trend in recent weeks shows that cryptocurrencies often drop when U.S. markets open, indicating a risk-off sentiment among American investors.

This behavior suggests increased caution and reduced risk appetite in the current economic climate in the U.S.

Source: www.coindesk.com ↗