The king of cryptocurrency, Bitcoin [BTC], suffered a massive plunge in its price in June when the crypto market crashed, marking 2022 lowest of $18,154.
However, soon after, the coin gained a steady uptrend for the next two months. BTC also managed to cross the $24,000 mark, giving hope for a massive bull run soon.
But with recent developments, the situation may witness a change.
At the time of writing, BTC was trading below the $24,000 mark, at $23,491, with a market…
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