Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-experiences-decline-amid-investor-interest/" data-wpel-link="internal">Bitcoin Experiences Decline Amid Investor Interest</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/bitcoins-environmental-and-social-impact-scrutinized-by-dr-robert-rohde/" data-wpel-link="internal">BTC</a> price</strong> dropped to $57,860 at the time of writing and continues to seek buyers below $58,000. Although the sales have justified reasons, it is no longer surprising as it has been a common occurrence for months. Losses in altcoins are accelerating. So, what is happening?</p> 
<h2 style="text-align: justify" id="bitcoin-btc">Bitcoin (BTC)</h2> 
<p style="text-align: justify">After testing $65,000, it turned downward again. We mentioned the risk of sales down to $55,000 with closures below $61,700. After hours, BTC reached its current levels. At this stage, it is important that OpenSea signals the SEC will continue its fight with crypto.</p> 
<p style="text-align: justify">On the other hand, WazirX’s bankruptcy filing after a <a href="https://newslinker.co/what-is-cybersecurity/" target="_blank" rel="noopener" data-wpel-link="exclude">hack</a> incident of approximately $300 million fueled fear. We might be experiencing a process where bad news is priced in advance due to a combination of a few events. It is important for <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> not to ignore the risk of further losses, especially in altcoins.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-383988 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/BTCUSDT_2024-08-28_19-23-37.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">Altcoins may experience much faster losses if BTC falls to $55,000 and below. Despite interim rises, large sales at low prices in BTC and ETH raise concerns that those expecting a decline might have significant motivations.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-experiences-decline-amid-investor-interest/" data-wpel-link="internal">Bitcoin Experiences Decline Amid Investor Interest</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-experiences-decline-amid-investor-interest/" data-wpel-link="internal">Bitcoin Experiences Decline Amid Investor Interest</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Bitcoin Experiences Decline Amid Investor Interest

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