Bitcoin’s tumble worsened over the weekend, in striking distance of the cryptocurrency’s worst bear markets.
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Investors in the crypto space have been left reeling by a sudden downturn in Bitcoin after months of relative stability.
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Drop after a report that Goldman Sachs Group Inc. is pulling back on near-term plans to set up a cryptocurrency trading desk.
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A gauge of the 10 biggest, most liquid digital coins dropped to its lowest this year.
Bitcoin has declined after more than 30% July rally.