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Exploring the Factors Behind Bitcoin’s Recent Price Decline

The provided chart presents the price fluctuations of Bitcoin within the past 24 hours. As of 6:43 AM EST on Wednesday, January 17, 2024, the current value of Bitcoin stands at $42,713.25. This represents a decline of $449.00 (-1.04%) from the previous day. The chart demonstrates notable volatility in Bitcoin’s price over the course of the day, with frequent ups and downs. However, the overall pattern indicates a downward trend.

Source (CNBC)

SourceCNBC
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