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2024 Crypto Market Insights: First Half Overview
itcoin has encountered significant declines recently, marking a downward trend over multiple timeframes. In the last 30 days alone, Bitcoin’s price has plummeted by 14.7%. Over the past week, a 3.6% decrease was observed, and in the last 24 hours, the drop remained consistent at 3.6%.
Starting July 2024, Bitcoin began at approximately $62,814, but has since shown consistent weakening, notably with three consecutive periods of declining prices.
Price Fluctuations and Market Sentiment
During the previous month, Bitcoin reached a peak near $71,100 and fell to approximately $60,100 at its lowest point. As June closed, a surge in buying activity briefly pushed prices up to $62,694, but subsequent trading days were dominated by selling pressure. 0 reply
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