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Bitcoin price drops below $60,000 before rebounding ahead of halving
Bitcoin rose above $64,000 on Friday after dropping below the $60,000 mark as the cryptocurrency continues to see volatility ahead of the upcoming halving.
Bitcoin rose above $64,000 on Friday, rebounding from a drop below the $60,000 mark, as the cryptocurrency continues to experience volatility ahead of the upcoming halving event. We can see similar bearish sentiments across miners' behavior, trading volumes, ETF flows and the news coming out of US inflation data," analysts at cryptocurrency bank Amina said in a research note Friday. Bitcoin rose above $64,000 on Friday after dropping below the $60,000 mark, as the cryptocurrency continues to experience volatility ahead of the upcoming halving.
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