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Bitcoin

After showing some signs of recovery yesterday, cryptocurrency markets experience another dramatic fall. Bitcoin is not alone. Other cryptocurrencies have also plunged throughout the year. The declining prices have been met with more uncertainty and claims that the previous prices were artificially inflated. Investors from early 2 years ago are starting to clean up their portfolio, the vast majority are those who entered in mid to late 2017. The next midterm rally of BTC and others would require a new wave of investors, which could result in the months-long consolidation period.

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