What are the reasons for the drop in the price of Bitcoin?
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Last week, Bitcoin was trading at more than $100,000, so what just happened now? The price of one Bitcoin has dropped. What are the factors responsible for the drop in the price of Bitcoin?
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Bitcoin's price is affected by many things, such as how investors act, changes in rules and regulations, the economy, and the mood of the market as a whole.
Short-term price changes are unavoidable, but long-term buyers tend to focus on bigger trends like adoption and progress in technology.