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Bitcoin Below USD 50K, Ethereum and Altcoins Drop

Bitcoin Tests USD 50K, Ethereum and Altcoins Drop

Bitcoin price is down over 10% and it broke many important supports near USD 55,000 and USD 52,000. BTC is currently (05:00 UTC) struggling to settle above USD 50,000. A daily close below USD 50,000 may possibly open the doors for more losses towards USD 45,000.