Bitcoin slumps 14% after weekend surge

Bitcoin slumps 14% after weekend surge
Representative image Image Credit: Pixabay
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Bitcoin slumped 14% to $27,805 on Monday, losing ground after making dramatic gains over the new year break.

The world's most popular cryptocurrency surged over $30,000 for the first time on Saturday, touched a record high of $34,800 a day later, as investors continued to bet the digital currency was on its way to becoming a mainstream asset.

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