Bitcoin’s nosedive: What happened and what’s ahead?

Bitcoin, the world’s biggest cryptocurrency, battled back Monday following a weekend flash crash.

BITCOIN SLUMPS 14% AS PULLBACK FROM RECORD HIGH GATHERS PACE

Prices hovered near $56,000 late in the day after plunging as much as 14% to $51,541, wiping out the majority of its gains from the previous week which…


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