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Bitcoin Remains a Third Below Record High One Year On

Original: A Year On, Bitcoin Languishes a Third Below its All-Time High. What’s Next For The Cryptocurrency?

One year on, Bitcoin is still trading roughly a third below its all-time high, prompting renewed debate about where the cryptocurrency heads next. Commentators are weighing whether the asset has entered a prolonged slump or is consolidating before another rally, with investors watching macroeconomic conditions and regulatory developments for the next catalyst.

Why now: The anniversary of Bitcoin's peak has renewed attention on its extended slump and uncertain outlook.

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