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3 Reasons Why This Bitcoin Dump Will Continue!Bitcoin is a highly volatile cryptocurrency with a track record of �boom and bust� cycles � we look at what happened with the latest bitcoin crash. Bitcoin (BTC) and Ethereum (ETH) record massive declines along with the rest of the market amid GBTC selloffs and market-wide panic. Bitcoin's recent drop hinges on two primary factors: leverage and profit-taking. Leverage multiplies earnings in rising markets but can quickly.