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Bitcoin stabilises after cryptocurrency rout; ASX rises as Crown reveals Packer buyout plan – ABC News
Key cryptocurrency prices stabilise after drops of 15 per cent for bitcoin and 18 per cent for ether over the weekend, while Crown receives a private equity offer…
Key cryptocurrency prices have stabilised after drops of 15 per cent for bitcoin and 18 per cent for ether over the weekend, while Crown has received a private equity offer to help it buy out James Packer.
Key points:
- Major cryptocurrencies dropped sharply over the weekend, with bitcoin falling as low as $US51,707.50
- Crown has received an unsolicited $3 billion funding proposal from Oaktree to buy out James Packer
- The ASX was higher in early trade after gains on Wall Street at the end of last week…
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