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Bitcoin (BTC) Trades Below $73,000 as Major Tokens Post Losses

At 11:50 UTC Thursday, BTC was down 1.53% over 24 hours; Ether (ETH), Solana (SOL), BNB (BNB) and XRP (XRP) also fell.

Updated 1 min read
A pedestrian checks a smartphone outside a glass-fronted financial building in Gangnam, Seoul. / EconoTimes.ai
A pedestrian checks a smartphone outside a glass-fronted financial building in Gangnam, Seoul. / EconoTimes.ai

Bitcoin traded below $73,000 in Thursday’s 11:50 UTC snapshot, extending a retreat from Wednesday’s reading above the threshold as losses also spread across several large digital assets.

At 11:50 UTC, Bitcoin was $72,845, down 1.53% over 24 hours, CoinGecko and exchange spot data showed. Ether was $2,023.60, down 1.57%; Solana was $82.45, down 1.76%; BNB was $663.87, down 2.48%; and XRP was $1.04, down 1.79%.

A separate quote at 6:37 a.m. ET (11:37 UTC) put BTC at 72,992.7 against Tether, down 1.43% over 24 hours.

EconoTimes’ Wednesday report on the rebound recorded BTC at $74,502 at 12:51 p.m. ET (17:51 UTC). The earlier account said Bitcoin had stayed above $73,000 for nearly three months before its Tuesday decline.

The Federal Reserve’s calendar lists its next Federal Open Market Committee meeting for Dec. 8-9.

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