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Sudden crypto drop sends bitcoin to 3-wk low

ethereum crypto

Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low.

The reason for the drop was not immediately clear.

Bitcoin fell as much as 7.7 per cent to $21,404 over a few minutes during the European morning.

It recovered slightly and last stood at $22,047. Ether was last down 5 per cent at $1,753.

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