Bitcoin (BTC) hit new month-to-date lows on Dec. 7 as Asian markets fell during trading.
$16,500 stands as support as BTC price wobbles
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to lows of $16,736 on Bitstamp, a level not seen since Nov. 30.
The pair thus began to erase the ground it had reclaimed into the November monthly close, showing heavy influence from Asian equities prior to the Wall Street…
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