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  • Safi Bello

Bitcoin Mania Interrupted, for Now, After Outage Triggers Selloff

Bloomberg --------- It takes a lot to startle fans of bitcoin, the digital gold of the moment. But Wednesday was, well, a lot -- a wild run of exuberant peaks and white-knuckled declines that left even diehards breathless. The dizzying rally in bitcoin, a bull market with few precedents in investing history, was abruptly interrupted by a market outage in the U.S. that seemed to captivate Wall Street even more than the day’s selloff in high-flying technology stocks. Only hours after soaring past $11,000 -- a price that represents a gain of more than two-fold since September -- bitcoin plunged nearly 20 percent in less than 90 minutes. To learn more click on the picture below to read the article.

Bitcoin Mania Interrupted, for Now, After Outage Triggers Selloff - Read More from Bloomberg

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