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The cryptocurrency market update: Bitcoin and altcoins in retreat, more pain ahead

The cryptocurrency market update: Bitcoin and altcoins in retreat, more pain ahead

Bitcoin dropped below $8,000, trading with a short-term bearish bias. Altcoins are moving without down in sync with the first cryptocurrency. The cryptocurrency market resumed the decline after a short-lived recovery attempt. Bitcoin and all major altcoins are deep in red, nursing losses from 1% to 5%.






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