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Bitcoin Back Below $30,000 After A Record 8 Weeks In The Red

Bitcoin has failed to maintain the $30,000 degree on Monday after scoring its eighth consecutive week within the purple for the primary time ever.

During these eight weeks, which started in late March and ended on Sunday, bitcoin has misplaced over 35% of its U.S. greenback worth in accordance to TradingView knowledge. Before the start of the shedding streak, BTC was buying and selling at round $46,800.

Bitcoin prints 8 consecutive weeks in the red - losses

Bitcoin has scored losses for eight consecutive weeks for the primary time in its historical past and it is beginning the ninth with one more purple candle. Image supply: TradingView.

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