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Bitcoin extends losses after Fed chief urges halt to Facebook's crypto project

By Tom Wilson

Jul 12 2019 6:49AM

Plummets almost 8 percent.

Bitcoin extends losses after Fed chief urges halt to Facebook's crypto project

Bitcoin dipped almost 8 percent on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook's Libra cryptocurrency project until concerns ranging from privacy to money-laundering were addressed. The original cryptocurrency initially fell ...

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