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Here's why Bitcoin bears aim to pin BTC under $39K ahead of Friday's $1.9B options expiry

Regulatory concerns continue to pose a threat to Bitcoin and on April 26, the New York State Assembly passed a bill banning new proof-of-work (PoW) cryptocurrency carbon-based mining facilities in the state. Fortunately for Bitcoin, mining equipment is portable so there’s no real risk to the Bitcoin network’s security but the steady threat of anti-crypto legislation can have an impact on price.

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Source: Cryptocurrency - investing.com

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