A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year.
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Bitcoin fell with the broader cryptocurrency market on Tuesday amid concerns about the global economy and lower summer liquidity.
The price of bitcoin was last lower by 3% at $64,680.44, according to Coin Metrics, dipping under $65,000 for the first time since May 16. Earlier in…