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Coin Telegraph

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3 reasons why Bitcoin struggles to hold $64.5K

  • Bitcoin struggles to hold $64.5K due to weak macroeconomic data, fear of stock market correction, and concerns over upcoming US elections.
  • Weak macroeconomic data decreased risk appetite among investors.
  • Median new home sales price in the US fell 4.6% YoY in August.
  • Housing inventory remains near record highs with 467,000 completed homes available for sale.

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