Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges – Market Updates Bitcoin News
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Bitcoin drops below $20,000 as U.S. consumer confidence continues to decline.

also dropping, with prices hitting a six-day low.

The world’s largest cryptocurrency fell below $20,000 on hump day, as traders reacted to Tuesday’s consumer confidence report.As a result of weakening expectations for economic growth, traders were anxious on Wednesday, resulting in many liquidating positions in crypto.

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