No end in sight to bitcoin rout

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Bitcoin fell on Wednesday to a new 18-month low, dragging down smaller tokens with it, as the recent tumble in crypto markets showed no sign of letting up.

Wednesday to a new 18-month low, dragging down smaller tokens with it, as the recent tumble in crypto markets showed no sign of letting up.

Bitcoin has lost around 28% of its value since Friday and more than half of its value this year. Since its record high of $69 000 in November, it has slumped around 70%.

 

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