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News Explorer — Bitcoin's Price Plunged After Hitting a New All-Time High, But Volatility Is Normal in Bull Markets

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Mar 5, 11:35 pm
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Bitcoin's Price Plunged After Hitting a New All-Time High, But Volatility Is Normal in Bull Markets

Bitcoin experienced a sharp drop after reaching a new all-time high of $69,170, falling 12% to just above $60,000 in five hours. However, this post-peak dip is not unexpected, as previous bull markets have also seen significant price corrections on the way to all-time highs. Analysts believe that volatility is to be expected as Bitcoin continues to climb.

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