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As the crypto market experiences unprecedented volatility, Bitcoin is seemingly “fighting crucial levels” to remain afloat. Analysts are divided as to the long-term implications of this instability, leading to conjecture on whether BTC will remain viable or succumb to market pressures.
As more legitimacy is attached to Bitcoin and its underlying technology, blockchain, more companies are emerging that specialize solely in digital currencies. These bitcoin-only businesses are poised to reap the rewards of a growing industry with many new opportunities.