Bitcoin Price Drops Sharply
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The recent upheaval in the Spot Bitcoin ETF market has resulted in a sharp decline in Bitcoin's price. Despite previous efforts to hold above the crucial $60,000 mark, Bitcoin (BTC) faced a 3.65% drop over the last 24 hours. This brought the cryptocurrency to a value of $58,515.
The volatility in the ETF market has significantly impacted overall market sentiment. As a result, Bitcoin struggled to maintain its previously strong position, leading to concerns among investors and traders.
The continuous movement in the crypto market suggests that further fluctuations may occur, stressing the importance of closely monitoring such financial instruments.
Source: en.bitcoinhaber.net ↗
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