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Bitcoin Is Getting Crushed

Sam RoDec 5, 2013, 14:30 IST

Bitcoin prices have fallen by roughly $150 this morning.

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Earlier today, the People's Bank of China warned that the controversial electronic currency carried risk. It also instructed financial institutions not to trade it.

After trading at near $1,225 earlier today, the price has now collapsed to around $1,075.

Clark Moody

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