Bitcoin continued to retreat as this week progressed, deepening a slump that has put the crypto on track for its steepest monthly decline since mid-2022 when turmoil swept through the cryptocurrency sector. The world’s largest token by market value dropped 2.64% to $62,858 before hovering close to $63,000 by 8 a.m. in London.

Investors will be analyzing trading data on platforms like Coinbase Global Inc. (NASDAQ: COIN) to get an idea of how prices of Bitcoin and other cryptos are likely to change over the coming…

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