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Bitcoin slumps 7% in what could be worst fall in more than two months

Bitcoin slumps 7% in what could be worst fall in more than two months

Bitcoin prices fell sharply on Friday, with the cryptocurrency retreating 7% to $21,762. Bitcoin futures are on track for the biggest decline since June 13. The decline came as other risky assets, including the tech-focused Nasdaq 100 , also retreated, though the crypto fall was more severe, and Ethereum also saw a severe fall.