Bitcoin’s price took another hit Thursday morning, dropping close to $31,000 since markets opened in Europe and the U.S.. Investors rushed to take short-term profit, concerned about when – or if – another wave of new buyers would come into the market soon.
At the press time, bitcoin‘s price was at $31,910.61, down 6.61% in the past 24 hours, according to CoinDesk 20. In the U.S., at around 9:40 a.m. ET (14:40 UTC), bitcoin’s price was as low as $31,006.59.
One indicator showing the…
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