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  • further retreating from record highs.

  • Bitcoin slumped 10 per cent on Thursday to attend a low.

  • The world's most popular crypto currency has lost nearly a quarter since touching a record $42,000 on January the eighth.

  • The pullback comes amid growing concerns that Bitcoin is one of a number of financial market price bubbles.

  • Traders also said that fears US President Joe Biden's administration could attempt to regulate crypto currencies have weighed on sentiment.

  • During a Senate hearing on Tuesday, Janet Yellen Biden's picked ahead the U.

  • S Treasury expressed concerns that crypto currencies could be used to finance illegal activities, she said.

  • I think we need to examine ways in which we can curtail their use and make sure that money laundering does not occur through these channels.

further retreating from record highs.

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B1 crypto laundering money laundering cent yellen record

Bitcoin drops 10% as pullback continues

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    林宜悉 posted on 2021/01/21
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