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Topic: bitcoin

A physical bitcoin coin on a price chart
Crypto
Sunday, 6/28, 12:43 AM

Bitcoin Sells Off Toward $60,000 as 50,000 Coins Move at a Loss

  • Roughly 50,000 bitcoin were sent to exchanges at a loss in a single day — the most in three weeks — as the cryptocurrency traded near $60,100, less than half its October record.
  • On-chain analysts say it points to capitulation: holders giving up and selling into the slump.

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