Bitcoin is approaching bear market territory as the world’s largest cryptocurrency plunged almost 20 percent in less than two weeks.
The crypto was down more than 5 percent Friday morning from a day earlier and was last seen trading at about $56,600 per coin, about 18 percent below its peak of $69,000 reached earlier this month.
The price of bitcoin has now been on the decline for six straight days, and the downturn extends widely across…
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