Cryptocurrency Q&A
What happened to bitcoin in June?
What happened to bitcoin in June?
Michele
Fri Jul 05 2024
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5 answers
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I'm curious, could you elaborate on the significant events that took place in the Bitcoin market in June? Were there any notable price fluctuations? Did any major developments or announcements affect its value? Did any regulatory changes or technological advancements come to light? Additionally, did the community sentiment towards Bitcoin change significantly during that period? I'm eager to understand the key factors that shaped the landscape of Bitcoin in June.
5 answers
Alessandro
Sun Jul 07 2024
June has been a challenging month for bitcoin.
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Lorenzo
Sun Jul 07 2024
At 6:30 p.m. Greenwich Mean Time, or 2:30 p.m. Eastern Time, the digital currency underwent a significant dip.
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Raffaele
Sun Jul 07 2024
Bitcoin's value declined by approximately 7%, trading at roughly $59,800.
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CosmicWave
Sun Jul 07 2024
However, this downturn was short-lived, and the cryptocurrency quickly regained some of its losses.
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CherryBlossomBloom
Sat Jul 06 2024
Shortly after the initial dip, bitcoin recovered to around $60,200.
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