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BITCOIN PRICE CRASHES 25% BUT ANALYSTS PREDICT NEW RECORD HIGHS
The price of bitcoin continued to tumble on Friday amid a market-wide crash.
More than $100bn (?71.6bn) has been wiped from the crypotocurrency’s value since Sunday, when it hit an all-time high above $58,000 (?41,500)
On Friday afternoon it was trading at about $46,000, marking a 25-per-cent drop in value in just five days.
Other major cryptocurrencies also saw their values plummet in recent days, including ethereum (ether), litecoin and dogecoin.
