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Bitcoin Extends Losses amid Selling Pressures

M. Ali 11 May, 2021 12:20 am Cryptocurrency, Market Update

Bitcoin maintained a negative trajectory on Monday, moving within a downward trend due to selling pressures.

The world’s largest cryptocurrency in terms of market capitalization fell by more than 5% over the past 24 hours, extending its losses over the past seven days to about 2.5%.

Bitcoin is currently trading near 54,866, according to data by Coin Market Cap.

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