Bitcoin Drops To $38K After Amazon Retraction On Accepting BTC Payments

The king of cryptocurrency is suffering another meltdown at a 3.3% drop in just 24 hours. Bitcoin is currently trading at around $38,210 which is the lowest so far since March of this year when US President Joe Biden signed an executive order on crypto regulations.Although the BTC price went up at $40,800 on Tuesday, it slid momentarily afterward.
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