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Bitcoin (BTC USD) Cryptocurrency Price Retreats After Weekend Rally to Record - Bloomberg

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Bitcoin slid on Monday after a weekend rally that took the largest cryptocurrency to an all-time high of almost $50,000.

Bitcoin dropped Monday after a weekend advance to almost $50,000

The digital token dropped as much as 6.1% to $45,893, paring its advance so far this year to about 60%. Signs that the financial industry may widen its embrace of Bitcoin fueled the weekend jump.

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