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Bitcoin drops below US$30,000 for the first time since January
Bitcoin drops below US$30,000 for the first time since January
— tradehaven (@Trade_Haven) January 22, 2021
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BITCOIN DROPS ALMOST 5% TO $29,332, LOWEST SINCE JAN. 4 #News #Forex
— Capital Hungry (@Capital_Hungry) January 22, 2021
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Bitcoin Drops Close to $30,000 Mark as Head-Turning Rally Stalls
Bitcoin neared the closely watched price threshold of $30,000 as it continues to retreat from the record highs reached during a furious rally over the past two months. The world’s largest cryptocurrency traded at about $31,350 in Asia on Friday, after a slide of almost 11% a day earlier. Commentators have cautioned that a sustained drop below $30,000 could presages further losses in the wake of last year’s 300% surge. “This level looks very vulnerable and a break below it is bad news in the near-term for Bitcoin and cryptos in general,” Craig Erlam, senior market analyst at Oanda Europe, wrote in a note ... (full story)