Bitcoin on Monday, December 11, recorded a dip of 4.37 percent to trade at the price point of $42,026 (roughly Rs. 35 lakh). The most expensive crypto asset essentially failed to maintain its value above the mark of $43,000 (roughly Rs. 36 lakh) over the weekend. Between December 8 and today, the value of BTC has dipped by $1,422 (roughly Rs. 1.18 lakh). As per market analysts, Bitcoin is currently experiencing a surge in take-profit and sell orders, leading to widespread market liquidations.
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Crypto: News
Bitcoin experienced a 4.37% dip to $42,026 on December 11 due to increased sell orders and market liquidations.