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Bitcoin was lately buying and selling at about $26,440, off roughly 3% over the previous 24 hours and close to its lowest stage since Could 12 when the biggest cryptocurrency by market capitalization dipped beneath $26,000. On this interval, BTC has been slogging via low buying and selling quantity and volatility as markets wrestle with the prospect of a U.S. authorities unable to pay its money owed and ongoing crypto regulatory and macroeconomic uncertainties. Till Wednesday, bitcoin had remained in a $26,500 to $27,500 vary.
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