GlobalTechnoNews
- Cryptocurrencies
- September 7, 2024
- 567 views
Bitcoin Falls to Lowest Level in a Month: What’s Behind the Decline?
After a brief rally following the U.S. jobs report, Bitcoin fell to its lowest level in a month, dropping below $54,000. This marks the largest cryptocurrency’s lowest value since August 5. Bitcoin initially surged to $57,000 but quickly erased those gains, falling by nearly 3% in the last 24 hours. Other major cryptocurrencies, including Ether (ETH), Solana (SOL), and Ripple’s XRP, also recorded losses of 2%-4%. The CoinDesk 20 Index fell by 2.7%, reflecting the overall instability in the…
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