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Traders initiate dump; Bitcoin pullback expected

Traders initiate dump; Bitcoin pullback expected – OBN

A major drop in BTC price was noticed. It stands currently at $8300.06. Altcoins were affected, and traders dumped a ton of their tokens. Asian markets are feeling the wrath of the fall as well. Bitcoin finally reached the zenith of $9000 a few hours back. A fake-out resulted in the drop.