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Bitcoin Drops $1,000 In Value Amid Market Sell-Off

Bitcoin, the world’s largest cryptocurrency by market capitalization, has once again come into contact with a greater crypto market sell-off slashing its price by more than $1,000.


On May. 17 at 2:00 UTC, bitcoin (BTC) dropped by 16.7 percent to find a bid below $7,000 at $6,600 before rising once more on the back of high volatility, moving above $7,000 to where it currently sits at $7,300, according to CoinMarketCap and CoinDesk data.


Read More at Coindesk


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