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Seeking Alpha 2021-05-28 12:45:00

Bitcoin: Why The Cryptocurrency Crashed

Having someone as influential as Musk make negative comments may have caused some people to sell.A story about governments banning Bitcoin may make people nervous - after all, if one government does it then surely others will too.While all markets are susceptible to negative sentiment, bitcoin may be more reactive because it is young, decentralized and largely unregulated.

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