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CoinOtag 2024-07-05 15:14:38

Bitcoin Faces Sudden Drop to $54,000 Amid Market Volatility Concerns

Bitcoin has experienced a volatile 24 hours, dropping over 5% to hit $54,000 before recovering to over $55,000 by midday. These sharp fluctuations have generated significant uncertainty in the markets, with U.S. non-farm inflation data adding to the volatility. Julio Moreno, research director at Blockchain research firm CryptoQuant, has warned investors about the potential for

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