Bitcoin prices suffered some weakness today, dropping to their lowest since mid-October, as market observers cited several factors as potentially triggering these declines.
The world?s most prominent digital currency depreciated to $55,460.96 today, according to CoinDesk data.
At this point, the cryptocurrency was trading at its lowest since October 13, additional CoinDesk figures show.
In addition, it was down close to 20% from the all-time high of nearly $69,000 it reached earlier this month.
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