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Bitcoin dumps $2,000 within minutes as new COVID strain detected

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Crypto Slate

Fri, Nov 26, 2021

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Aliens TLDR

Bitcoin › Global markets reacted shortly after news broke out of a new COVID strain found in South Africa.

Bitcoin, the world’s largest cryptocurrency by market cap, plunged nearly $2,200 within minutes in mid-European hours.

Following Bitcoin’s plunge were other large-cap cryptos like Ethereum (-7%), XRP (-9%), Solana (-6%), and Polkadot (-7%).

The fall followed news of a new COVID variant found in South Africa.

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