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Bitcoin slumps to $35,000 as cryptocurrencies extend steep losses
Cryptocurrencies continued their dramatic slide on Saturday, with bitcoin losing nearly half of its value since hitting its November high. Bitcoin, the world’s most valuable cryptocurrency by market value, tumbled about 8% on Saturday to trade just above $35,000. The coin hit a record high of $69,000 in November. Meantime, ether, the second-largest cryptocurrency by market…