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Bitcoin (BTCUSD) Plunges 16% in Biggest Weekly Drop in 3 Years Amid Market Uncertainty

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin experienced its largest weekly drop in over three years, falling 16% amid unclear causes.
  • Factors include profit-taking, emerging competing markets, and regulatory uncertainty, signaling significant short-term bearish pressure despite a late-week rally.
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BTCUSD price history

78066.87 +16.52% over the displayed period

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