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Dec 28

Bitfinex allowed Bitcoin correction to continue during the holidays

During the holiday season, Bitcoin appears to confront the looming specter of a potential price correction, a scenario attributed to the burgeoning selling pressure catalyzed by short-term investors. Jag Kooner, at the helm of Bitfinex's derivatives department, articulated these concerns to The Block, underscoring the current market dynamics. Bitcoin, which not long ago tested the formidable threshold of $44,000 on December 20, swiftly saw its valuation retract below $42,000 by December ...

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