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Bitcoin Extends Retreat Below $83,000 as 24-Hour Loss Hits 0.62%

Bitcoin was last quoted at $82,914.32 as digital-asset transfers linked to the U.S. government continued over roughly 32 hours.

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Bitcoin token rests on a descending stone platform in soft morning light / TokenPost.ai
Bitcoin token rests on a descending stone platform in soft morning light / TokenPost.ai

Bitcoin (BTC) fell below $83,000 as its retreat continued, with the cryptocurrency last quoted at $82,914.32 and down 0.62% over the previous 24 hours.

The decline came as digital assets valued at about $670 million were transferred in transactions linked to the U.S. government over roughly 32 hours. The transfers added a notable on-chain development as Bitcoin traded below the closely watched price level.

Bitcoin’s latest move extends a pullback that has taken the asset under $83,000.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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