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Bitcoin Price Dips Below $113,000 Amid Market Volatility

Bitcoin’s value briefly retreated below $113,000, registering a 2.10% decline over a 24-hour period. This downturn underscores heightened market volatility and reflects cautious sentiment among cryptocurrency investors globally.

The price movement was partly driven by profit-taking activities and shifting market conditions. Financial analysts note that such fluctuations align with Bitcoin’s established pattern of volatility, viewing the adjustment as typical within broader crypto market cycles.

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