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In the market, they bet that demand from institutional investors will provoke a rebound.
She falls and falls. This is the trend that Bitcoin has recorded in recent weeks. The new victims today have plunged the most popular cryptocurrency to break the floor of 4,000 USD.
Bitcoin falls this morning to nearly 9%, which accentuates the wave of sales of this badet due to increased regulation and doubts about the "bifurcation" of the cryptocurrency that has leads to the creation of two new versions of bitcoin.
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In the market bet that the demand for institutional investors will provoke a rebound, most administrators large sums of money were left out of concerns about currency security, market manipulation and regulatory risk.
Mbad selling is "really testing the confidence of some key players," Ryan Rabaglia, chief operator of OSL, a Hong Kong-based cryptocurrency trading company, told Bloomberg. Kong. This next impulse, we will need this institutional money to finally arrive. Provide this support and help grow. "
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