Bitcoin tumbled over 9% on Friday, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant.
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El Salvador plans to build the world’s first “Bitcoin City”, funded initially by bitcoin-backed bonds, President Nayib Bukele said.
Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months.
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Bitcoin and ether stayed weak on Wednesday and near critical levels that analysts believe could spell further weakness if breached.
Bitcoin fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain.
Bitcoin went through a major upgrade on Sunday that enables its blockchain to execute more complex transactions
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