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Bitcoin pulls back from record high amid profit taking by traders
Bitcoin fell as traders cashed in after a record-breaking rally sent the top digital token above $120,000, declining by up to 3.2% amid profit taking.
Bitcoin fell after a record-breaking rally as traders cashed in, declining by as much as 3.2% and marking its worst drop in over three weeks, sending the top digital token above the $120,000 milestone.
Brief written with AI from reporting by Bloomberg. All rights to the original story belong to the publisher.