Bitcoin is down 10% as it continues to descend from record heights – the economic – the global economy

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Bitcoin fell 10% today, to a 10-day low, at $ 31,977, as the most popular digital currencies in the world continued to decline from a peak of $ 42,000, which it reached on January 8.

The decline came amid growing fears that Bitcoin was one of a group of financial bubbles, threatening the stability of financial markets in general.

Traders said that fears that the administration of US President Joe Biden, may try to regulate cryptocurrencies, also caused pressure.

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