Bitcoin Price Tumbles 6% on Economic Growth Uncertainty

Bitcoin (BTC) had an outstanding run during the first half of the year as it climbed to new highs at the end of each month, but the month of July and August have not been as kind to the world’s biggest cryptocurrency. A lot has gone on over the past month and a half that has made it difficult to regain its momentum.

However, in August, Bitcoin started climbing considerably as it was thought to have been a hedge against the global risks that had been unleashed due to major macroeconomic factors. The biggest factor in …

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