Bitcoin Price Drops Below $60,000: Key Reason Explained

July 3, 2024, 7 p.m. 5 months, 2 weeks ago

Bitcoin Price Drops Below $60,000: Key Reason Explained. The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at the Chicago Mercantile Exchange (CME). Why Is Bitcoin …


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