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New Delhi: Bitcoin dips below $43,000 on Thursday (January 6th) minutes after the Federal Open Market Committee revealed that faster rate hikes may be necessary for surging inflation.

For upward movement of altcoins, it will be necessary for Bitcoin to move above $44k. Due to harsh rate dropping of the mining difficulties in Kazakhastan,cauld also be the reason behind this.

On the other hand, crypto assets like LINK, DOT, LUNA, SOL have seen a correction too.

After the major drop own, the market is in fear. Also this could result, Bitcoin to explode towards the top.

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