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Bitcoin Falls by 5% in Sunday Slump
The heady days of daily headlines on Decrypt announcing new consecutive ATHs for Bitcoin have cooled off in what could be the petering out of a now-historic bull run. Today the currency suffered a further fall of 5%, taking it to a price of $35,000.Observers predicted a correction was overdue at some point along the run. Valued at $10,500 at the start of October, Bitcoin rose consistently through the end of the year, with notable growth spurts around Christmas and New Year’s, bringing it to a dizzying ATH of $42,000 on January 8.The general consensus is that Bitcoin’s market performance was bolstered by a wave of ... (full story)