Bitcoin fell by 4%, breaking below the $60,000 mark
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Bitcoin fell below the important $60,000 mark during the trading session, hitting a new low since March 6th, with a current intraday drop of about 4%. US spot Bitcoin ETFs are generally down more than 3%. Bitcoin may welcome its fourth "halving" in fifteen years this Friday. One of the original intentions of Bitcoin's design is to become a deflationary asset, with its value increasing over time. Analysts believe that this "halving" may be one of the catalysts for the cryptocurrency market's rally this year
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