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Five Possible Reasons for the Recent Flash Drop in Bitcoin’s Price

On Aug. 18, 2023, at approximately 9:35 p.m. UTC, the value of Bitcoin experienced an abrupt drop of more than 8% within a mere 10-minute timeframe. This unexpected plunge had a domino effect on the broader cryptocurrency market, leaving those within the crypto community puzzled and perplexed.

While the precise catalyst behind this sudden market turbulence remains elusive, a variety of…

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CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

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