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  4. What are the reasons for the drop in the price of Bitcoin?

What are the reasons for the drop in the price of Bitcoin?

Scheduled Pinned Locked Moved Bitcoin
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  • D Offline
    D Offline
    Darbie
    wrote on last edited by
    #1

    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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  • M Offline
    M Offline
    Mark
    wrote on last edited by
    #2

    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.

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