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Bitcoin price tumbles as El Salvador makes it legal currency; Nasdaq reaches new record high – ABC News

The price of Bitcoin slumps 18 per cent, to below $US50,000 per digital coin, as El Salvador makes the cyptocurrency legal tender…

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Wall Street saw bitcoin prices plunge on the day that central American country El Salvador adopted the cryptocurrency as legal tender. Meanwhile, technology stocks drove the Nasdaq to a new record high. 
Key points:

  • Bitcoin plunges by nearly one fifth,…

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