Tag Archives: Bitcoin pulls back from brink of $50

SINGAPORE: Bitcoin pulled back from a record high on Monday and other cryptocurrencies slipped, as investors took profits from a record-breaking rally that had pushed bitcoin close to $50,000. Bitcoin fell as much as 5.6% to $45,914 in Asian trading hours after having posting a record peak of $49,714.66 on Sunday, while rival crypto ethereum slid more than 8%. Once …

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