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The Nexus
BUSINESSMay 18 · 03:37 UTCTHE BLOCKDanny Park

Bitcoin drops below $77,000 on Trump’s Iran threat, renewed inflation fears: analysts

Bitcoin's price has dropped below $77,000 due to concerns over high oil prices and potential inflation, which may lead to interest rate hikes by the Federal Reserve. This comes amid threats from Donald Trump regarding Iran. Analysts attribute the drop to these factors.

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