Factors Behind Bitcoin's Decline on Tuesday

Reported 2 days ago

On Tuesday afternoon, Bitcoin experienced a decline of over 2% after reaching an all-time high above $126,000. Profit-taking by investors and concerns regarding the impending one-week anniversary of the federal government shutdown influenced this downturn. Despite the drop, a Deutsche Bank report suggested a promising future for Bitcoin, predicting it will be held by many central banks by 2030.

Source: YAHOO

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