The Crypto Collapse: Here’s what’s behind bitcoin’s sudden drop

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<> on December 7, 2017 in London, England.
CNBC: The flagship cryptocurrency fell to more than three-month lows on Wednesday, dropping to about $30,000 at one point. The recent slide is a reversal from the dramatic rise that started in the second half of last year. Part of the reason for bitcoin’s weakness seems to be at least a temporary reversal in broader acceptance for cryptocurrency, as well as regulatory concerns and weakness in more speculative areas of financial markets. The dramatic pullback

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