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Bitcoin drops below $10,000; $30B value wiped in a day as cryptocurrency sell-off deepens

Technology : USAToday: Tech

The world's largest cryptocurrency was trading at $9,958.31 at about 6:50 a.m. ET on Wednesday. The last time bitcoin fell below the $10,000 mark was November 30.        

Bitcoin has now dropped $500 after more reports China will ban cryptocurrency exchanges

Technology / Technology Industry News : Silicon Alley Insider

Bitcoin has plummeted further after China launched a crackdown on cryptocurrencies. The currency went into freefall on Friday, after reports that China was about to ban cryptocurrency exchanges. It has continued to decline in value,...

Bitcoin shorts retreat in sign selling pressure could be easing

Business & Finance : Business Report

INTERNATIONAL - Bearish investors in bitcoin have started to cover their short positions, suggesting selling pressure may be waning after concern over the cryptocurrency’s future wiped out some $38 billion in value in the past week....

Bitcoin Cash tumbles as the 'cryptocurrency bloodbath' continues

Business & Finance : Business Insider: Clusterstock

Bitcoin Cash, which split from the flagship bitcoin in August 2017, hasn’t been immune to the cryptocurrency bloodbath that has wiped billions of market value from nearly all of the digital currencies this week. BCC has lost nearly ...

Glencore in Freefall as Analysts See Tougher Restructuring

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

``Glencore Plc plunged 29 percent, extending a rout that's wiped more than $14 billion off its value this month and highlighting investor concerns that it's not cutting its debt load quick enough.''


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