Bitcoin slides below $6,000; half its
value lost in 2018
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[February 06, 2018]
LONDON (Reuters) - Bitcoin slid
another 13 percent to below $6,000 on Tuesday, bringing the world's
best-known cryptocurrency's losses to more than half since the start of
2018.
Bitcoin has fallen heavily in recent sessions as worries about a
regulatory clampdown on the nascent market and panicked investors push
prices lower. The virtual currency hit a peak of almost $20,000 in
December.
On the Luxembourg-based bitstamp exchange, bitcoin fell to as low as
$5,920, its lowest level since mid-November, before recovering slightly.
Other cryptocurrencies have also dropped sharply in value this week.
(Reporting by Tommy Wilkes; Editing by Alison Williams)
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A collection of Bitcoin (virtual currency) tokens are displayed in
this picture illustration, in Paris, France, December 8, 2017.
REUTERS/Benoit Tessier/Illustration/File Photo

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