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🟠BITCOIN PRICE FALLS BELOW $55K

🟠BITCOIN PRICE FALLS BELOW $55K

Day: 08 | Time: 09:05:21 The price of Bitcoin has dropped below $55,000 due to the sale of a large amount of Bitcoin by the German government and the repayment to Mt. Gox creditors. The exchange has transferred nearly $2.71 billion worth of Bitcoin to the creditors. At its peak, Mt. Gox handled up to 80% of Bitcoin trades worldwide. Meanwhile, the German government's decision to sell a large amount of Bitcoin has faced heavy criticism. The price of Bitcoin has dropped by 6% and is currently at $55,243, while Ethereum has stopped at $2,904.

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