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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Bitcoin (BTC) Falls In The Last Minutes! What is the reason?
Bitcoin again fell below $ 30 thousand.
It actually started well in the cryptocurrency industry today. The fact that the leading cryptocurrency Bitcoin (BTC) exceeded 30 thousand dollars again increased the interest of investors in the market, and with this interest, altcoins began to gain value gradually.
In the last few minutes, the situation in the crypto market seems to have changed. Bitcoin, which started to lose value again, caused altcoins to also face seller pressure.
Bitcoin has lost more than 2% in the last hour. BTC, which rose to $ 30,400 at noon today, saw $ 29,620 with the declines it experienced in the last minutes.
Why Is Bitcoin (BTC) Falling Today?
When we look at the performance of Bitcoin after the daily close, it is seen that it actually lost only 0.3 percent. When we look at the whole day, BTC did not experience a significant decrease.
Although there were no sharp drops in the all-day analysis, the 3% depreciation of BTC in the last hours caused the situation to become serious.
It is estimated that the main focus of the declines experienced by Bitcoin is the US stock markets. BTC, which exhibited horizontal movements on the days when the US stock markets rose, went down with the declines of the stock markets.
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