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Bitcoin price prediction: Is BTC headed below $74,400 support?

By Rony Roy

Bitcoin’s market outlook has deteriorated after US spot exchange-traded funds lost $1.28 billion in a week, while stronger employment figures and uncertainty over cryptocurrency legislation have added pressure on prices. In its latest weekly market analysis shared with crypto.news, Bitfire…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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