Bitcoin Traders Lose $100M as BTC Drops $3K in 12 Hours

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Bitcoin fell nearly $3,000 on July 31, dropping to an intraday low of $62,369 and slashing its monthly gain from 10% to 4.5%. Market capitalization fell from $1.3 trillion to $1.26 trillion. Federal Reserve Momentum Fades Bitcoin tumbled on the last day of July, shedding nearly $3,000 during a frantic 12-hour period that saw the […]