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Bitcoin slips to about $63,000 as the cryptocurrency tracks for third straight losing day - TL;DR CNBC

Bitcoin slips to about $63,000 as the cryptocurrency tracks for third straight losing day

Publishing timestamp: 2024-03-20 12:54:40


Summary

Bitcoin fell for the third day in a row as investors await the conclusion of the latest Federal Reserve meeting. The recent decline in bitcoin is attributed to profit-taking after a significant rally, with some analysts predicting further weakness if it falls below $60,000. Other cryptocurrencies also moved lower, while crypto-linked stocks performed better. ETFs related to bitcoin also saw net outflows for the first time since March 1.


Sentiment: MIXED

Tickers: BTC.CM=ETH.CM=IRENCLSKMARAMSTRCOINXRP.CM=RIOTSOL.CM=

Keywords: microstrategy incsolana/usd coin metricsexchange-traded fundstechnologyiris energy ltdbitcoinethereumriot platforms incmarathon digital holdings incbreaking news: investingcleanspark inccryptocurrencybusiness newsethereum/usd coin metricsbitcoin/usd coin metricsripple/usd coin metricsinvestment strategybreaking news: technologycoinbase global incmarketsshiba inu/usd coin metrics

Source: https://www.cnbc.com/2024/03/20/bitcoin-btc-price-falls-as-cryptocurrencies-lose-400-billion-value.html


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