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Bitcoin Worth Tumbles After Wall Avenue Selloff

Bitcoin Worth Tumbles After Wall Avenue Selloff

Bitcoin and different cryptocurrencies fell sharply Saturday, one other signal that traders had been pulling again from riskier bets after this week’s stock-market selloff.

Bitcoin, the most important cryptocurrency by market worth, was down 18% at $46,571.84 at about 7 a.m. ET, in line with information from CoinDesk. It briefly reached $42,000 earlier than bouncing again. Ether, the second-largest cryptocurrency, was down near 16%.

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