Bitcoin rises to record above $69,000, then quickly tumbles 8%
Bitcoin tumbled on Tuesday shortly after it reached a new all-time high for the first time in more than two years. The price of the cryptocurrency topped $69,210 on Tuesday morning, according to Coin Metrics, and then quickly pulled back. The losses deepened in late afternoon trading. It was last trading lower by 8% at $61,973.37. However,…
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