This wave of BTC pullback is quite normal. Liquidity is thin during the holiday, and risk assets are collectively retreating—so it’s reasonable that 63,000 can’t hold. The key is whether the smaller altcoins can keep up afterward.

BTC0.68%
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CoinNetwork
CoinWorld News: Bitcoin price drops below $63k due to risk asset sell-off and low trading volume during holidays, giving back gains made earlier in the week.
With oil prices falling 9% and the Iran agreement signed, the market is watching to see if this cycle will bring a season of altcoins.
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