Bitcoin Price Drops Below $14000 as Cryptocurrency Competition Heats Up

Cryptocurrency bitcoin tumbled below $ 14,000 briefly on the Bitstamp exchange on Friday, down roughly 30% from its record top near $ 20,000 set at the start of the week. It was last down 7% at $ 14,499 but fell as much as 14.7% earlier in the Asian day. The cryptocurrency, which was at about $ 1,000 at …
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