Bitcoin price falls under $56,000 amid losses in US and Asian markets
Bitcoin (BTC) fell to its lowest price since the beginning of last month following losses reported in United States and Asian equity markets.
The development follows reports indicating that Bitcoin could see benefits if Republican candidate Donald Trump wins the United States presidential race.
According to CoinMarketCap market data, Bitcoin’s price fell from $59,210 down to $55,670 in under 24 hours — a loss of nearly 6% of the coin’s value. Since then, Bitcoin corrected upwards to its current price of $56,630.
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