Bloodbath for cryptocurrencies as Bitcoin sheds 10%, now down 40% year-to-date
From marketwatch.com
The price of the No. 1 digital currency extended a brutal slide on Wednesday, adding to its recent losses amid another wave of negative news. A single bitcoin BTCUSD, -1.67% last traded at $8,248.16 late-Wednesday in New York, down 9.9%, after hitting an intraday low of $8,219.73, a 40% decline from the beginning of the year. Google updates financial services After beginning the day on the back foot the losses for bitcoin intensified after Google GOOG, +0.99% announced it was updating its financial-services policy, saying ads will no longer be allowed to service “cryptocurrencies and related content.” Google said the ...
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