Bitcoin price LIVE: Cryptocurrency hits longest crash for three YEARS– 40% wiped off value

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The cryptocurrency has fallen in price for seven consecutive days over the last week – the longest losing streak since 2018. The plunge comes just two months after bitcoin hit an all-time high of $68,000. Bitcoin is now trading at just above $41,000 but experts fear falling below $40,000 could trigger a steep sell-off. A similar price collapse was seen last year when China announced a ban on Bitcoin miners, but the price eventually recovered rocketing to new record-highs.

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