Bitcoin Price Crashes 10%—Experts Predict Further Decline to $57K
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Bitcoin's price has dropped by 10%, sparking concerns among investors and predictions of a further decline to $57,000. This downturn comes amidst a broader market decline, with top US indices also falling by 1.5-2.5%. The cryptocurrency's current trading price is $61,873, with a market cap of $1.21 trillion. Investors are adopting a cautious approach, choosing to wait and watch rather than buying the dip. This cautious sentiment is evident in both the daily and weekly trading charts for Bitcoin.
Source: coinpedia.org ↗
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