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Bitcoin's price is back below $8,000, a move that comes amid a broader decline in the global cryptocurrency market.
After opening at nearly $8,500, according to CoinDesk's Bitcoin Price Index (BPI), the price of the world's largest cryptocurrency by market capitalization had fallen more than $500 to 7,876.68 by 17:30 UTC.
As of press time, the cryptocurrency's price was hovering at $7,940.07, per BPI data.
For the month of March, that $8,000 level has proven to be a key battleground on the trading front, having fallen below it several times since February. Technical analysis suggested that a price drop was potentially in the cards, though a 4-hour 50-MA plotted this morning predicted that a decline would not slide below $8,200.
This price decline is crazy and the sad part is all of the negativity coming out in the crypto space.
yes, i agree ...... all the negativity comes in this year forces the crypto to fall.
Good afternoon. I have a request for you.Could you sign for me, and in return, I'll sign for you.
okk..... bro... support for all.....