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bitcoin's price has fallen to a three-month low, affected by a challenging macroeconomic environment and the decline of major industry players such as ftx and Terra. Analysts suggest this downturn is due to profit-taking and the absence of immediate positive market catalysts.

Business & Finance Bitcoin drops to a 3-month low below $90,000 in risk-off move
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Sadness 😢

Happiness 😊 - 20%
20%
Sadness 😢 - 50%
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Fear 😨 - 30%
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Mentions in context

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😢 Sadness

bitcoin's price dropped to a 3-month low.

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😨 Fear

Head of private clients and family offices at Swan bitcoin discussing market conditions.

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😊 Happiness

The new administration is expected to have positive changes for the crypto industry.

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😨 Fear

Market strategist at LMAX Group discussing bitcoin's price trend.

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😢 Sadness

The collapse of ftx has impacted bitcoin's price this year.