Bitcoin Price Declines Due to Market Fears 📉
Bitcoin's price has declined to $60,300, primarily due to renewed fears associated with the Chinese market. This is reminiscent of a major sell-off that happened in 2021.
The previous decline was triggered by a mining ban in China, a move that had stirred significant anxiety among investors at that time.
Current apprehensions serve as a reminder of the market's sensitivity to changes in China's regulatory landscape.
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