Bitcoin on Track to Record 8 Straight Weeks of Losses

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Bitcoin is on course to record the eighth consecutive week in the red

, the world’s leading cryptocurrency, is on track to record eight consecutive weeks of losses for the first time in its history.Earlier today, the largest cryptocurrency reached an intraday high of $30,275 on the Bitstamp exchange.

Over the past few weeks, Bitcoin has lost nearly 36% of its value, currently trading just below the $30,000 level.

 

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