Bitcoin slumps 14% after weekend surge
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[LONDON] Bitcoin slumped 14 per cent to US$27,805 on Monday, losing ground after making dramatic gains over the new year break.
The world's most popular cryptocurrency surged over US$30,000 for the first time on Saturday, touched a record high of US$34,800 a day later, as investors continued to bet the digital currency was on its way to becoming a mainstream asset.
REUTERS
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