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Bitcoin (BTC) has entered a short-term down cycle from CoinEdition

©Reuters. Bitcoin (BTC) has entered a short-term down cycle

  • The price of BTC is down 3.83% in the last 24 hours.
  • The market leader has entered a short-term down cycle.
  • Bulls stepped in today to save the price of BTC.

The crypto market leader experienced a 24-hour price drop as the crypto market lost 3.54% of its collective market cap. According to CoinMarketCap, the price of (BTC) is down 3.83% in the last 24 hours. This negative 24-hour price action has turned BTC’s weekly performance into the red as it now stands at -1.36%.

4-hour chart for BTC/USDT (S …

The post “Bitcoin (BTC) Has Entered a Short-Term Bear Cycle” appeared first on Coin Edition.

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