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CryptoWatch: An intraday downturn is putting a bitcoin win streak at risk

Bitcoin turned lower Friday afternoon, putting an upbeat milestone in jeopardy.

After rising as much as 3% on the day, the price of a single bitcoin BTCUSD, -1.21% last changed hands at $7,352.38, down 0.9% since 5 p.m. Thursday on the Kraken exchange.

On the line is the asset’s longest win streak since June 2017, as the No. 1 digital currency, a naturally volatile asset, looked set to notch a succession of seven positive days.

According to data from charting service TradingView, since July 14 bitcoin has notched six consecutive winning days and a seventh would be the first time since June 6 of last year when a single bitcoin was worth less than $3,000.

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