Bitcoin falls below $8,000

Jamie McKane

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Bitcoin falls below $8,000

Bitcoin fell to the lowest level in a month, as a two-week selloff dropped the cryptocurrency’s price below $8,000 for the first time since mid-April.

Bitcoin slumped 3 percent to $7,868.71 as of 8:10 a.m. in New York, according to Bloomberg composite pricing. It’s now down almost 20 percent since a May 4 peak.

[Bloomberg]
 
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