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Bitcoin drops below $80K as recent buyers realize losses but market indicators suggest stability – TON BOT

TON BOT

Bitcoin drops below $80K as recent buyers realize losses but market indicators suggest stability

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Bitcoin (BTC) has dropped below $80,000, trading at $77,400 after a 5.84% decrease over 24 hours. Recent buyers realizing losses have contributed to the downturn, with Bitcoin falling 13% in the past week. The Spent Output Profit Ratio (SOPR) indicates capitulation, but potential recovery is possible if SOPR stabilizes above 1.

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