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Bitcoin, Ethereum and XRP Plunge In Steepest Drop Since May

Bitcoin, Ethereum and XRP Plunge In Steepest Drop Since May
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Bitcoin slumped to a two-week low on Tuesday and other digital tokens including Ethereum, Cardano and XRP were trading lower after the sudden recovery of Colonial Pipeline’s ransomware cyber attack that raised concerns about bitcoin’s supposed gold-like infallibility.

Bitcoin is down more than 10%, extending losses incurred on Monday amid broader concerns over the possibility of US monetary policy tightening. Ethereum is down about 12%, Cardano is down over 135, and XRP is down by 11.79%. Dogecoin is down 12.72%.

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