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Bitcoin slips near $80K as analysts weigh bottom

Original: bitcoin

Bitcoin is trading near $80,000 after a sharp wave of loss-selling, and blockchain analytics firm Glassnode says the selling spike could mark a local bottom. Traders are watching whether the cryptocurrency stabilises from here or continues to slide. The topic is drawing attention across multiple countries, with related chatter about large-scale chip financing costs adding to a broader mood of caution in tech and crypto markets.

Why now: Bitcoin's sharp drop toward $80K and Glassnode's bottom call are prompting traders to debate whether the decline has ended.

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