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Currencies

Cryptocurrencies caught in market turmoil

Bitcoin loses two-thirds of its December value as investors cover losses

The price of bitcoin dipped below $6,000 on Tuesday.   © Reuters

TOKYO -- Cryptocurrencies have not escaped the global market turmoil.

The price of bitcoin, the most widely known and traded cryptocurrency, on Tuesday in Asia fell to $5,947, down 14% from the previous day and hitting a three-month low.

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