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12/7, 6:19 PM (Source: TeleTrader.com)
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Bitcoin, Bitcoin Cash drop over 5% as cryptos decline

Cryptocurrencies extended losses on Friday as world's most traded digital currency Bitcoin declined more than 6%. Meanwhile, Bitcoin Cash ABC declined 5% nearing levels below $100.

The world's largest cryptocurrency by market capitalization saw its lowest level since September 2017, losing over 17% in the last seven days. Meanwhile, Bitcoin was down over 56% in the previous six months.

Bitcoin dropped 6.39% against the greenback, to sell for $3,305.30 at 6:16 pm CET. Bitcoin Cash ABC fell 6.56% against the US dollar, to change hands for $100.21 at 6:16 pm CET, while Bitcoin Cash SV was down 2.53%, going for $102.05 at the same time.

Breaking the News / BM