Bitcoin heads for its biggest drop in two weeks

Jamie McKane

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Bitcoin heads for its biggest drop in two weeks

Bitcoin headed for the biggest drop in more than two weeks, as a rebound that saw the digital asset bounce almost 18 percent from the year’s lows ran out of steam.

The largest cryptocurrency dropped as much as 6 percent on Wednesday, putting it on course for its worst day since June 22, according to composite prices compiled by Bloomberg at 7:42 a.m. in New York.

[Bloomberg]
 
The bounce back is coming guys. One of these decades, you'll see! HODL!!!
 
And I bet by the end of this year it will still be up 140% year on year...
No. If you get to the end of the year(last quarter)you get into the bubble territory. I doubt it would get that high again this year.
 
And I bet by the end of this year it will still be up 140% year on year...
No. If you get to the end of the year(last quarter)you get into the bubble territory. I doubt it would get that high again this year.
 
And I bet by the end of this year it will still be up 140% year on year...
No. If you get to the end of the year(last quarter)you get into the bubble territory. I doubt it would get that high again this year.
 
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