Bitcoin Slides for Second Day as Analyst Warns of Dip Below $45K

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Bitcoin Slides for Second Day as Analyst Warns of Dip Below $45K
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Bitcoin fell 2.5% on Thursday, and one analyst warned it might drop below $45,000. angeliquechen07

Bitcoin fell 2.5% on Thursday.

The bitcoin was trading at $45,945 as of press time, down 2.5% on the day. The latest price drop followed an eight-day winning streak that had brought bitcoin to a break-even point for the year, recovering from this year's“Bullish bitcoin momentum has definitely run out of steam, and the persistent geopolitical risk will likely cap the recent rally,” said Edward Moya, a senior market analyst at Oanda.

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