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Bitcoin Corrects During December After Reaching a Record of US$108 Thousand
Bitcoin (BTC), the world's largest crypto asset, has experienced a price decline of up to 3.2% throughout the end of 2024 which has now reached US$93 thousand. This happened after reaching its highest record at a price of US$108 thousand, Tuesday (12/17).
This could happen because US investors have taken profits after a long rally caused by the re-election of US President Donald Trump. It is known that Trump in the campaign will bring good policies towards crypto.
Meanwhile, funds traded on the Bitcoin crypto platform in the US have experienced a net outflow of around US$1.8 billion since (12/19) according to _Bloomberg_. However, Bitcoin has made a profit of up to 120% in 2024, beating gold and global equities.