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Why Bitcoin Price Is Down Today? What’s Causing the Recent Drop?

  • Bitcoin's price has dropped over 3 percent in the last three days, trading around $64.5k.
  • Factors influencing the bearish sentiment include crowd sentiment and the overheating futures market.
  • Whale investors have accelerated accumulation of Bitcoin, leading to increased interest.
  • Bitcoin's price is expected to rise gradually with increasing global liquidity and the upcoming US general election.

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