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Institutional tax-loss harvesting weighs on the Bitcoin price as 2021 comes to a close -Breaking


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2021 was a great year for cryptocurrency markets in general, despite year-end woes that kept the price of (BTCTo the dismay of those who had called for a $100K BTC moonshot, he was kept below $48,000.

Source: Cointelegraph Markets Pro TradingViewThe graph shows that 24 hours ago have been an emotional rollercoaster for top cryptocurrency. After a short dip of $46,000 on Dec. 30, the price quickly climbed to $47,500 at midday.

BTC/USDT 4-hour chart. TradingView
1-week chart. Source: Twitter (NYSE :
BTC/USDT 4-hour chart. Source: Twitter