Why it is Unlikely to Fall Below $6,000

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After rising to $6,700 on fiat-to-crypto exchanges and achieving $7,700 on Bitfinex, Bitcoin has stabilized at $6,500.

Over the past 48 hours, the volume of Bitcoin has risen from $3.2 billion to $7 billion at its peak, but has since dropped to $4 billion. In a two-day period, BTC has…

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