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Bitcoin has dropped under the $100,000 mark for the primary time since Could, igniting renewed nervousness throughout the crypto market. The flagship cryptocurrency is presently buying and selling close to $97,000, with merchants and buyers going through rising uncertainty amid persistent promoting strain and waning momentum. Worry ranges have surged as many market contributors start to query whether or not this breakdown marks the beginning of a brand new bear market section or just a deeper correction inside the ongoing cycle.
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