NullTX – Bitcoin Price Watch: Currency Tanks to $7,743

After several days of bitcoin remaining above $8,000 and enthusiasts rejoicing about a possible new era for crypto, bitcoin has suddenly tanked by roughly $400 and is now trading for about $7,743. Current conditions suggest that bitcoin – despite showing signs of newfound strength – is still just as vulnerable as ever to volatility and outside elements.

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Charting platform used for this analysis is provided by TradingView

This is not financial advice.