Bitcoin Reaches Four-Week Low; Next Support at $53K

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Bitcoin’s worth retreat got here amid a broad sell-off in cryptocurrency markets, with most members of the CoinDesk 20 digital property buying and selling within the purple. Ether, the native cryptocurrency of the Ethereum blockchain and the second-largest general, was down 4.2% over the previous 24 hours, slipping beneath the important thing psychological degree of $4,000 earlier Thursday.