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Bitcoin Dips Below $35K

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On Friday, Bitcoin slid as investors took profits from the volatile trading week. Business Insider reports the cryptocurrency fell as much as 11%, to $34,409.04, at intraday lows. The slide closes out bitcoin's second most volatile week in the last three years. The coin climbed as much as $41,440 before falling as low as $30,324. The week also saw more voices dismiss the cryptocurrency as a dangerous market bubble. Billionaire investor Mark Cuban likened it to the internet stocks of the dot-com era. European Central Bank president Christine Lagarde deemed it a "highly speculative asset which has conducted some funny business."

Added on the 15/01/2021 15:35:43 - Copyright : Wochit

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