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@masoudn
Bitcoinâs 25% drop from ATH could deepen, Bitcoinâs second-worst February on record is set to extend into a new week, with price burdened by âaggravating macro factorsâ and a technical correction. Bitcoin Bitcoin btc 0.48% Bitcoin was down 25% from its Jan. 20 all-time high of $108,786 as forward-facing inflation indicators incentivized a risk-off mood among investors, and spot exchange-traded funds logged continuous outflows on Wall Street. Although U.S. Core Personal Consumption Expenditures price index data matched analyst expectationsâdropping to 2.6% from 2.9% year over yearâBTC only recorded a modest uptick, climbing to $81,800. Previously, the most valuable cryptocurrency by market cap fell as low as $78,400, losing over 6% in 24 hours and hitting a three-month low
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