Is Long-Term Holders’ Selling Behind Bitcoin’s $92K Price Drop?

Quick Summary:

In less than 48 hours, the crypto market, and particularly Bitcoin, has taken a downturn.

The cryptocurrency dropped 7% on Tuesday, hitting the $91K level after days of trading above $95,000.

Does Bitcoin Price Have an Opportunity to Bounce Back?

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Article Details

Author / Journalist: Shafika Fathima

Category: Crypto

Markets: United Arab Emirates

Topics: Price Analysis BTC Price drop Editors News Investing Analysis Crypto Market Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 05:54:52 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 326 words

Reading Time: 2 minutes read

Sentences: 33 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23904075

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 21 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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