Blockchain

Bitcoin Crashes on Biden Drama, Risk of German Govt Sell-Off

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A third consecutive daily decline in Bitcoin has brought the digital asset close to levels last seen in February, amid challenges including American political drama and signs that tokens seized by the German government have been transferred to exchanges.

The largest cryptocurrency fell as much as 4.3% on Thursday before paring some of its decline and trading 3% lower at $57,680 by 10:38 a.m. in London. Smaller tokens like Solana and meme crowd favorite Dogecoin also sank.

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