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masoud 🎩 🔵 🐹
@masoudn
Bitcoin price held steady above the critical support level of $80,000 as trade-related risks continued to rise. Bitcoin Bitcoin btc -0.55% Bitcoin was trading at $83,230 Friday morning, a level it has maintained for the past few days. This level marks a 9% gain from its lowest point in March. Bitcoin’s performance outpaced that of the U.S. stock market. The Dow Jones index plunged by over 1,080 points on Friday, after falling more than 1,000 points the previous day. It is now down 13% from its 2024 high, hovering near levels last seen in August 2023. Other indices have performed even worse. The Nasdaq 100 has officially entered a bear market, falling over 20% from its yearly peak. The S&P 500 and Russell 2000 have also posted significant declines.
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