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Why Bitcoin Fall Down: All these incidents and the public panic that ensued drove the value of bitcoins versus fiat currencies down rapidly.
The price of Bitcoin fell as much as 11% on Friday. The track of the world’s biggest cryptocurrency saw the worst weekly fall after March 2020. It fell low as $45,200 on a Friday morning. As per the Coinbase exchange, it went lower than 8.4% at $46,716 at 10:10 am.
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