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Bitcoin trades below 93,000 USD as FUD impacts new investors

Bitcoin is trading below 93,000 USD, which causes concern for many new investors in the market. This decline raises questions about investment stability, particularly in a volatile context.

Santiment reports that fear, uncertainty, and doubt (FUD) influence Bitcoin and Ethereum. New investors, not yet accustomed to market corrections, may panic, resulting in impulsive selling.

While individual investors may sell out of fear, larger players like whales and sharks are capitalizing on these moments to buy at lower prices, anticipating future price recoveries.

This is community-generated content, not advice from ONUS.
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