Cryptocurrencies
Bitcoin Resumes Slide Toward Closely Watched Technical Level
- Virtual token falls for the first time in four sessions
- The original cryptocurrency formed a death cross on Monday
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Bitcoin fell for the first time in four trading sessions, pushing the largest cryptocurrency back toward price levels that technical analysts say could portend greater losses.
The virtual currency fell as much as 9.2% to $31,667 in New York trading, capping a volatile week that saw the prices swing almost $10,000.