Bitcoin Falls The Most In The Month As Momentum Shifts During Risk Rally

Bitcoin Falls The Most In The Month As Momentum Shifts During Risk Rally

(Bloomberg) – Bitcoin posted its biggest single-day drop in about a month just a day after hitting $ 12,000. Other digital currencies saw deeper declines.

The world’s largest cryptocurrency fell 6.9% to $ 11,187 in New York on Wednesday before recouping some of the losses. The drop was the biggest since early August. Bitcoin last touched $ 12,000 two weeks ago.

“After another unsuccessful…

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