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Bitcoin falls to $62.5K; weekly close may trigger further losses, warns trader

Market News
15 Aug 2026
Cointelegraph
View Source
Bearish
pluang ai news

Bitcoin's price dropped to $62,500, raising concerns among traders about potential further declines. A notable trader warned that the upcoming weekly close could lead to additional losses for Bitcoin. This suggests cautious sentiment in the market and the possibility of continued volatility in the near term. Investors should watch the weekly close closely for signals on Bitcoin's next direction.

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