32 - Fear
32 - Fear
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Bitcoin fell by 7.1% on Saturday, dipping below $63,000. This marks a 15.8% decrease from its peak in mid-March. The cryptocurrency's value has been fluctuating significantly in recent weeks, influenced by market conditions and regulatory uncertainty.
FILE PHOTO: Representation of Bitcoin cryptocurrency is seen in this illustration taken January 11, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) - Bitcoin fell 7.1% to $62,346 at 20:31 GMT on Saturday, adding $5,050 to its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 15.8% from the year's high of $73,794 on March 14.
(Reporting by Urvi Dugar in Bengaluru; editing by Jonathan Oatis)
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