Bitcoin slides back to $10,000 as it extends sell-off that’s erasing last week’s monster gains

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But it’s still up more than 170 per cent since the start of the year

Bitcoin slumped back to the US$10,000 level, extending a sell-off that’s erasing most of its monster gain from last week.

Bitcoin is leading a reversal of cryptocurrencies after a volatile week that saw its price leap 23 per cent after oscillating widely between gains and losses, at one point plunging more than US$1,800 in a matter of minutes. It’s still up more than 170 per cent since the start of a year that’s seeing wider acceptance of digital coins from corporate giants, including Facebook Inc., which unveiled plans for its own token.

 

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Did you cover the fact that it went from 4000$-10000$ in 3 months or are you just covering the story on the way down? 🙄

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