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Bitcoin is back above $9,000

Bitcoin collapsed as low as $7,700 on Friday before rebounding. The cryptocurrency is recovering on Saturday and rallying above $9,000. LONDON — Bitcoin is back above $9,000 on Saturday after a wild Friday. The cryptocurrency fell as low as $7,700 on Friday, losing roughly 15% of its value at one point, before rebounding later in the session. Concerns have been building about regulation of cryptocurrencies and the role of cryptocurrency Tether in the market.
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