May 6, 2025

Bitcoin Falls to $58,500 Amid Investor Concerns Over Economic Uncertainty and Whale Activity

1 min read

Bitcoin experienced a notable decline to $58,500 in early July despite a positive start. Investors are curious about the reasons behind this drop and whether it will continue. Analysts point to uncertainties in the U.S. economy, Mt.Gox repayments, and whale sales as contributing factors. Discover the factors driving Bitcoin’s recent downturn and what this means

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Source: CoinOtag

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