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Bitcoin falls to 11-week low as holders sell at loss

Negative-1

GreyOak summary

Bitcoin dropped to an 11-week low of $72,670, slipping below short-term holders' average cost basis of $75,700. Analysts suggest a sustained break below $73,000 could indicate a continuing downtrend.

What it affects

  • BitcoinNegative -1

    Price fell to 11-week low as holders soldRolling sentiment Negative -38

Source

Read the original at Cointelegraph

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