"Bitcoin, Litecoin, and Ethereum Experience Sharp Value Drop, Investors Face Losses"

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  • Published date: August 11, 2023
    • Noida, Uttar Pradesh, India
  • [ #89045 Ad Views - 17 ]

Currently, bitcoin may be purchased for more than $29,100. Following the favorable announcements of the Fitch rating of U.S. Treasurys and Microstrategy's promise to buy more bitcoin, the price of bitcoin rose to $30,000. But, Bitcoin began to fall quickly after an online newspaper reported that Binance might face US fraud charges. The price of Bitcoin fell by 2% to $29,030, while Ethereum, one of its main competitors, also saw its value fall, falling below the $1,850 mark. Despite the hype around Litecoin's split incident, the coin's value has fallen by more than five percent in the previous day. During the same period, the value of Uniswap's token dropped by more than 7.8 percent. 

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