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Bitcoin price drops by over 17%
Finance
- 13 May, 2021
- 05:48
The value of bitcoin fell by over 17 percent, to about $46,900, Report informs.
On Binance, the largest cryptocurrency exchange by volume, bitcoin fell 17.37 percent to $46,900.
On Wednesday, the founder and head of Tesla Inc., an American electric-automobile manufacturer, Elon Musk announced that the company was suspending the acceptance of the bitcoin cryptocurrency as a means of payment because obtaining it is not environmentally friendly.
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