Bitcoin is bleeding. Why it's dropped below $65,000

Bitcoin experienced a sharp decline on Tuesday morning following nearly a month of upward movement, causing other cryptocurrencies to suffer sympathetic cold sweats. The stock market opened poorly, with the Dow dropping by 450 points, and the cryptoc

By: Quartz India

Apr 24 2024
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Bitcoin is bleeding. Why it's dropped below $65,000 — Bitcoin is bleeding. Why it's

Kaiko: in the past year, Binance's bitcoin trading share outside the US fell from 81.3% to 55.3%, OKX's rose from 3% to 7.3%, and Bybit's rose from 2% to 9.3% (Suvashree Ghosh/Bloomberg)

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