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As expect, #Bitcoin price dropped to $56,000 over the past 24 hours. Simultaneously, Bitcoin is tracking the stock market sentiment. Yesterday, the U.S. stock market saw a loss exceeding $1 trillion, leading to a broad market downturn.
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#Bitcoin held steady between $58,000 and $57,000 over the weekend. Although there's some bullish momentum now, we may still see another dip as bears continue to exert pressure.
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