Bitcoin Dips Below $14,000 as South Korea Eyes Fresh Regulations
- Specter of losses for retail customers sparking concerns
- Bitcoin has now dropped about 26% from last week’s record high
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Bitcoin resumed its slide Thursday, dipping below $14,000 as the cryptocurrency’s dizzying drop from a record set 10 days ago intensified.
The latest blow to the world’s biggest cryptocurrency came from South Korea, where the government said it was eyeing options for stamping out a frenzy of speculation, including a potential shutdown of at least some exchanges.