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Bitcoin Struggles to Hold $7K as US Stocks, Oil, Gold Fall in Sync

  • Bitcoin briefly dipped below $7,000 as the US oil prices collapsed to their two-decade low.
  • The cryptocurrency’s price declined alongside US equities and Gold markets, again exhibiting a risk-on behavior.
  • The US dollar, on the other hand, jumped on safe-haven demand.

Bitcoin briefly fell below its $7,000-support in what appears to be a panic-sell caused by the upsetting US oil prices ahead of
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