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Pagoulatos noticed BTC’s dip Monday following the rumor as a flight to security. “When individuals are buying and selling bitcoins, they’re gonna be buying and selling on locations like Binance, Coinbase, Bybit,” he mentioned. “And when there are rumors of, say, the CEO of the most important alternate being a wished fugitive, individuals are clearly going to need to withdraw their cash, promote their bitcoin, get it off as quick as potential.”
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