Blue Monday? Bitcoin tumbles 5% after weekend battering

Representation of cryptocurrency bitcoin is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic/Illustration

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HONG KONG, Dec 6 – Bitcoin tumbled almost 5% on Monday as the start of the week offered little respite to the world’s largest cryptocurrency after a bruising weekend where at one point it lost over a fifth of its value.

The rout sent bitcoin’s price and the amount invested in bitcoin futures back to where…


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