The latest price drop comes less than a week after BTC hit a new all-time high of close to $67,000.The cryptocurrency fell below $59,000 following the flash crash, down more than $5,000 from the levels it was trading at earlier this week. The crash dropped by thousands of dollars in the space of just a few minutes. Blockchain data suggests today’s price crash is partly fuelled by long-term holders taking some profits, which typically happens after bitcoin hits a new all-time high. What do you think about Bitcoin price speculation and price crash?
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