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2020-02-27 12:09:08

Bitcoin Risks Falling to $4,000 after Poking Long-Term Support

Worried traders dumped bitcoin positions again on Thursday as it failed to serve as an insurance asset amidst rising Coronavirus fears. The bitcoin-to-dollar exchange rate fell to $8,520 in a massive overnight selling, extending its net week-to-date losses by up to 15.05 percent. The downside move came alongside a $$196 million worth of bitcoin liquidations...