The crash comes amid wider turmoil in the global financial markets Bitcoin, the world’s largest cryptocurrency by market capitalization, has shed more than 10% of its value in one day, amid a global stock market crash that has affected the cryptocurrency market, according to trading data. The price of Bitcoin has fallen below $50,000 for the first time since February, hitting a low of $48,126 at 08:41 GMT on Monday. It has recovered slightly since then. In late July, Bitcoin traded at above $62,000, and in March, it briefly touched an all-time high of $70,136. Since Friday, the cryptocurrency market has recorded i
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