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Posted On June 18, 2021
The price of Bitcoin has plummeted, falling by nearly $2,000 overnight to a new record low.
The digital currency is down more than 70% in value since the beginning of October.
It was trading at $2.827 in early afternoon New York time (20:00 GMT).
Bitcoin fell to $2,-2.943 shortly after 2:00am BST (00:00 BST).
Bitcoin prices have been volatile in recent weeks, falling more than 50% in late February after a spike in the US presidential election.