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🟠BITCOIN FACES CHALLENGES AMID DROP

🟠BITCOIN FACES CHALLENGES AMID DROP

Day: 08 | Time: 10:46:24 The price of Bitcoin has dropped by 6% to $54,600 despite recovering from last week's losses. There are several challenges that persist for Bitcoin, including market uncertainty in the cryptocurrency space, potential selling pressure from the German government, and creditors awaiting crypto funds from the Mt. Gox bankruptcy. Additionally, liquidations in the cryptocurrency market have reached $210 million, while the liquidity shortage is impacting global markets.

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