Bitcoin, the world’s most popular cryptocurrency, has seen a sharp decline, losing nearly one-third of its value since the beginning of the year. The digital currency dropped almost 14 percent on Friday morning, trading at around $62,900. This downward trend follows a tumultuous week for Bitcoin, which had surged to $100,000 in December 2024 but has since been on a decline due to geopolitical and regulatory uncertainty, including a stalled Trump-backed bill in the US Senate.
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