Bitcoin Price Drops Below $103,000 Amid Ongoing Market Uncertainty

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Bitcoin experienced a minor price dip on Monday, mirroring a broader cryptocurrency market downturn over the weekend. Globally, the leading cryptocurrency saw a decrease of less than one percent, currently trading around $102,845.

Indian exchanges reflected a similar trend, with Bitcoin’s price dropping by 0.10 percent to approximately $105,595 on platforms such as CoinSwitch and CoinDCX. This suggests a relatively stable alignment between international and domestic Bitcoin trading values despite the overall market softness. While the specific reasons for the weekend decline are not outlined, the data points to a consistent, albeit small, downward pressure on Bitcoin’s price.



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Bitcoin Price Drops Below $103,000 Amid Ongoing Market Uncertainty



Bitcoin experienced a minor price dip on Monday, mirroring a broader cryptocurrency market downturn over the weekend. Globally, the leading cryptocurrency saw a decrease of less than one percent, currently trading around $102,845.

Indian exchanges reflected a similar trend, with Bitcoin’s price dropping by 0.10 percent to approximately $105,595 on platforms such as CoinSwitch and CoinDCX. This suggests a relatively stable alignment between international and domestic Bitcoin trading values despite the overall market softness. While the specific reasons for the weekend decline are not outlined, the data points to a consistent, albeit small, downward pressure on Bitcoin’s price.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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