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Bitcoin Starts the New Year Off On the Wrong Foot

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The transition into the New Year is not particularly rocky for cryptocurrencies, especially Bitcoin.

The digital currency king fell 0.2% over the past 24 hours to $16,551.22, according to data firm. coin gecko.

The last week of 2022 saw little movement in cryptocurrency prices. Thus, Bitcoin (BTC) price closed down almost 2% last week. Over the past year, the world’s first cryptocurrency in terms of market value has lost 65% of its value.

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