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MARKETS-ECONOMIC TIMES · INDIAN ·

Bitcoin drops below $60,000, a first since October 2024

As reported by Markets-Economic Times
Bitcoin experienced a significant drop below $60,000, its lowest point since October 2024, following a surprise selloff by prominent corporate holder Strategy. This move, despite the minimal amount, rattled market confidence, as the firm was perceived as a consistent accumulator. Analysts suggest long-term investors may see this dip as a buying opportunity amid potential legislative tailwinds.
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