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Bitcoin Hits Lowest Level Since June as Cryptocurrency Market Drops Below $1 Trillion Again

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Cryptocurrency prices are being hit by a higher U.S. dollar and falling stock markets as the Federal Reserve continues to tighten policy to fight inflation.

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"If we see the dollar start to move back down, then we should be able to get risk assets such as bitcoin move back up again." The sell-off has been caused by a tough environment for risk assets as well as crypto-specific issues includingBitcoin has been trading within a tight range of between $18,000 to $24,000 since June. Luno's Ayyar said that in forming a bottom,"bitcoin typically likes to go back and test previous lows to see if they hold as support."

 

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Do not fear bitcoin bear markets. They lead to accumulation phases of a lifetime. The only trick is to just stick around no matter how bad it gets, accumulate $BTC Y’all follow btcmarrt she’s is a wonderful analyst in crypto, her tweets & tips has been accurate Follow her

Do not fear bitcoin bear markets. They lead to accumulation phases of a lifetime. The only trick is to just stick around no matter how bad it gets, accumulate $BTC Y’all follow btcmarrt she’s is a wonderful analyst in crypto, her tweets & tips has been accurate Follow her

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Bitcoin Hits Lowest Level Since June as Cryptocurrency Market Drops Below $1 Trillion AgainCryptocurrency prices are being hit by a higher U.S. dollar and falling stock markets as the Federal Reserve continues to tighten policy to fight inflation. Do not fear bitcoin bear markets. They lead to accumulation phases of a lifetime. The only trick is to just stick around no matter how bad it gets, accumulate $BTC Y’all follow btcmarrt she’s is a wonderful analyst in crypto, her tweets & tips has been accurate Follow her Do not fear bitcoin bear markets. They lead to accumulation phases of a lifetime. The only trick is to just stick around no matter how bad it gets, accumulate $BTC Y’all follow btcmarrt she’s is a wonderful analyst in crypto, her tweets & tips has been accurate Follow her
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