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CoinTurk News 2023-08-16 20:05:02

Reasons Behind the Decline in Bitcoin Price: Liquidations and Institutional Influence

Bitcoin momentum that caused its rise disappeared completely this week as the price of Bitcoin dropped by 3.6% in the last 30 days, erasing the 76% gain achieved since the beginning of the year. Although the Bitcoin price surged to $29,600 on August 14, it failed to reach $30,000 and remained below this key resistance level. The post Reasons Behind the Decline in Bitcoin Price: Liquidations and Institutional Influence appeared first on COINTURK NEWS.

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