Bitcoin Rallies More Than 1 Percent in One Hour, Narrows 24-Hour Loss to 3.55 Percent
On July 4, Bitcoin rallied more than 1% in one hour and is currently valued at $58,100.77 USD. The rally led to a reduction in the 24-hour loss, which now stands at 3.55%. The cryptocurrency market is known for its volatility, and Bitcoin, the largest cryptocurrency by market capitalization, is no exception. The recent rally demonstrates the unpredictability of the market and the potential for rapid changes in value. Despite the heavy 24-hour losses, the quick recovery within an hour demonstrated Bitcoin's resilience in the face of market volatility.
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