Bitcoin Hits All-Time High
Bitcoin, the leading cryptocurrency, has surged to a new record high, surpassing $70,000 for the first time and reaching a peak of around $71,300,
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Bitcoin, the world's best-known cryptocurrency, extended losses on Monday to slumped 10 percent on the day on back of concerns about a widening regulatory crackdown, according to Reuters.
The price of Bitcoin on the Luxembourg-based Bitstamp exchange was trading at $7,289 and has now fallen by more than half from a peak of almost $20,000 hit in December.
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