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'Cryptocrash' sparks broad stock sell-off after Chinese crackdown

Trading platforms seize up as bitcoin falls to half of all-time high

Bitcoin hit an all-time high of $64,801 in April before descending into a free fall in recent weeks.   © Reuters

NEW YORK -- U.S. stocks took a wild ride on Wednesday, setting up a potentially volatile day in Asian trading after China's regulatory crackdown on cryptocurrencies erased billions of dollars from the value of bitcoin and other digital money.

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