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Bitcoinist 2019-11-21 11:09:03

Bitcoin Drops Below $8K For First Time This Month, Here’s Why

Bitcoin has declined below the psychological level of $8,000 for the first time since October 25. Interestingly, the trading volume on Bitcoin futures exchange Bakkt is increasing, which suggests that institutional investors are happy to enter the market at lower prices. Bitcoin Continues the Bearish Mood Earlier on Thursday, Bitcoin dropped to $7,982, according to Coinmarketap data. Thus, it broke below the $8,000 for the first time this month. The price then bounced back byRead MoreThe post Bitcoin Drops Below $8K For First Time This Month, Here’s Why appeared first on Bitcoinist.com.

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