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Bitcoin was down for a 3rd straight day on Friday, falling 3% over the past 24 hours to about $28,000. The cryptocurrency has misplaced nearly 10% since final Friday. Ether, the second-largest cryptocurrency by market worth, has misplaced 8% throughout that interval. This comes following a principally down week for dangerous property like cryptocurrencies. On Wednesday, $100 million in bitcoin positions was liquidated on Binance, however one doable constructive improvement for crypto got here on Thursday when the European Parliament handed complete crypto laws, turning into the primary main jurisdiction to take action.
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