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Bitcoin slumped more than 10 per cent over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook’s planned Libra digital coin.
Bitcoin fell 11.1 per cent from Friday to $9,855 early on Monday, its lowest since July 2. The original cryptocurrency slumped 10.4 per cent on Sunday alone, its second-biggest daily drop this year. It was last up 0.5 per cent at $10,245.
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