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Bitcoin falls below $55,000 - negative record for ETFs

Although BTC has currently fallen by more than 25% since its all-time high in mid-March, the asset is still up almost 30% since the start of the year. This makes Bitcoin look outdated compared to other asset classes. The Nasdaq 100 technology index has gained around 10 percent since January 1 and the precious metal gold is trading just over 20 percent higher.

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