Bitcoin (BTC) Price Plunges Below $54.000, Analysts Predict Further Declines to $50.000

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10 months ago bitnews

The price of Bitcoin (BTC) has dropped to $53,600 for the first time since February. According to CoinGecko, Bitcoin is currently trading at $54,376 as of this morning, and analysts believe the situation could deteriorate further. Josh Gilbert, an analyst at investment firm eToro, attributes the decline largely to the Mt. Gox incident. A comprehensive