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Analysts stated that Bitcoin’s price volatility is “a typical feature of a low-liquidity market”
A modest rebound in the cryptocurrency market on July 9 and the broader cryptocurrency market helped to make up for some of Thursday’s losses, but a few analysts continued to warn Bitcoin Can still drop to 24,000 USD to 29,000 USD range in short term.
Data from Cointelegraph Markets Pro with Transaction view It shows that the price of Bitcoin rose during the early trading hours on Friday and successfully recovered to above $34,100.
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