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Bitcoin risks suffering losses again
Bitcoin risks suffering losses again

Bitcoin risks suffering losses again

According to data from CoinShares, money has been trickling out of crypto funds for the past nine weeks in a row. During that time, the funds have lost $423 million. The last time investments shrunk that quickly was between April and June 2022. In addition to that, TradingView's data shows that the total cryptocurrency market capitalisation has dropped to $1.043 trillion. The drop in volatility and pressure from regulators are negatively affecting Bitcoin.

Bitcoin

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