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Bitcoin falls below $80,000, continuing decline

Bitcoin falls below $80,000, continuing decline

Technology

Bitcoin falls below $80,000, continuing decline

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(Reuters) - Bitcoin, the world’s largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 1748 GMT on Saturday.

On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, after former Federal Reserve Governor Kevin Warsh was selected as the next Fed chair.