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CoinOtag 2024-07-05 14:42:40

Bitcoin Price Plummets to Lowest Since February Amidst Market Turmoil

The price of Bitcoin (BTC) has plummeted to its lowest level since February, impacting crypto-related stocks across the United States. MicroStrategy (MSTR) and Hut 8 (HUT) have experienced significant declines, with their stock prices dropping nearly 10%. MicroStrategy, led by Michael Saylor, adopted Bitcoin as a “reserve asset” in August 2020 and currently holds over

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