Bitcoin Reaches 4-Week Low; Subsequent Help at $53K

Bitcoin’s price retreat got here amid a broad sell-off in cryptocurrency markets, with most members of the CoinDesk 20 digital belongings buying and selling within the pink. Ether, the native cryptocurrency of the Ethereum blockchain and the second-largest total, was down 4.2% over the previous 24 hours, slipping under the important thing psychological stage of $4,000 earlier Thursday.

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