Bitcoin Bulls Reclaim $65k After Rebounding at $63k. Why the Dip?

Bitcoin started trading on July 25 at $65k but experienced one of the biggest declines in the last fourteen days. It was heading for a more 3% losses but halted its declines as the buyers staged a buyback. The largest cryptocurrency is trading above its opening price.

What Caused the Dip?

The exact reason for the decline is still hazy with several speculations everywhere. However, one of the probable is that the dip is connected to the US stock market.

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