Despite strategic buying and progressive shutdown measures, Bitcoin retreated to a price of $104k today, according to Investing.com. Increasing volatility in the cryptocurrency market continues to befuddle investors, even as adoption and regulatory activities intensify. After breaking the historical ceiling at $110k just a week ago, Bitcoin’s swift retraction signals the inherent unpredictability of the digital asset class and challenges the bullish momentum that has significantly characterized the year – a reminder to all investors that while cryptocurrencies offer stupendous gains, they also carry measurable risks. Read More
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