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Bitcoin falls more than 10pc on Bitstamp

Reuters | Wednesday, 20 December 2017


The price of bitcoin fell more than 10 per cent on Wednesday to as low as $15,800 at a cryptocurrency exchange Bitstamp.

It has since pared some of the losses and is down about 7 per cent in early trade. The digital currency has been sliding since it had hit a record high of $19,666 on Sunday.