Bitcoin accounts for about a third of the cryptocurrency market with a total value of close to $640bn. Trading was dominated for years by individual investors, but more recently the market has seen an influx of professional investors, such as hedge funds and money managers. With more traditional investors trading digital assets, cryptocurrencies have increasingly followed the movements of global stock markets. The value of Bitcoin continued to fall over the weekend as it dropped below $34,000 (£27,630), according to the Coinbase cryptocurrency exchange. Is this the recommended time to buy ?

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