Bitcoin drops to $52,000 in market sell-off

Bitcoin drops to $52,000 in market sell-off

The world’s largest cryptocurrency by market cap, Bitcoin, dropped to $52,000 amid a market sell-off on Monday. The price of the digital asset dropped significantly by 13 per cent in 24 hours. The cryptocurrency dipped from $60,752 on August 4, to $52,312 on August 5, according to CoinMarketCap, a price-tracking website for crypto assets. Similarly,

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