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Bitcoin Falls Below $70,000 For The First Time Since April
Key takeaways
- The price of Bitcoin fell below $70,000 for the first time since April.
- The world’s most valuable cryptocurrency is down more than 8.4% compared to the previous week.
- Other major crypto tokens were unaffected by the Bitcoin selloff early on Tuesday, with the price of Ether, Binance’s BNB and XRP remaining mostly flat at $1,981, $681 and $1.26, respectively.
Topline Bitcoin fell below the $70,000 mark for the first time since April 8 after the cryptocurrency’s biggest institutional holder, Michael Saylor’s Strategy, announced it had sold some of its tokens for the first time in more than three and a half years.
The price of Bitcoin fell below $70,000 for the first time since April. Nur Photo via Getty Images Key Facts. The price of Bitcoin briefly fell to $69,690 early on Tuesday, down more than 3.8% compared to the previous day, before paring some of its losses
The world’s most valuable cryptocurrency is down more than 8.4% compared to the previous week.
Article preview — originally published by Forbes. Full story at the source.
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