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Bitcoin Falters on Libra Comments

By: ETFdb
With U.S. governmental hearings on Facebook’s ( FB ) Libra cryptocurrency on July 16 and 17, Bitcoin has come under pressure recently, dropping below $10,000 and testing the 50-day moving average, which is perceived to be the dividing line between a security or stock that is technically healthy and one that is not, for the first time since February 18.
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