Bitcoin drops below $30K, bringing year-to-date gain down to just 3%

On Tuesday, Bitcoin tumbled below the long-held support at $30,000, hitting the lowest in six months. This caused to erase all the 2021 gains. According to the data from Coinbase, the fluctuating cryptocurrency plunged more than 13% to about $29K per coin. Since last December this was the lowest dip and 55% lower than its all-time high of over $64,000 in mid-April.
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