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A selloff for bitcoin intensified on Friday, pushing the No. 1 cryptocurrency below $80,000 for the first time in months, raising fears that a major support level is not far off.
Bitcoin
BTCUSD dropped over 5% to $78,858, a level not seen since early November, with losses spreading across the sector. Bitcoin is off 27% from a high of $109,225 reached on U.S. President Donald Trump’s inauguration day on Jan. 20.
