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Bitcoin falls over 7 percent, heads towards one-year low

November 30, 2018 11:28 AM
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LONDON (Reuters) - Bitcoin fell as much as 7 percent on Friday BTC=BTSP, heading towards a recent one-year low in a broad-based selloff in cryptocurrencies.

The world’s biggest and best-known cryptocurrency fell to $3,920.35 in late morning trade, heading towards a September 2017 low of $3,474.73 hit on Sunday. Other cryptocurrencies including Ethereum’s ether and Ripple’s XRP also weakened.

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