Bitcoin BTC Price Drops to $27.5K, While Dogecoin DOGE Price Soars

Bitcoin BTC Price Drops to $27.5K, While Dogecoin DOGE Price Soars

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“Bitcoin needs a bullish catalyst to break above the $30,000 level, but until some significant use case argument is made prices could consolidate around the mid-$20,000s,” Edward Moya, senior market analyst at foreign exchange market maker Oanda, wrote in an email.

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