Bitcoin continues to lose ground

Bitcoin continues to lose ground
© Justin TALLIS / AFP

The value of Bitcoin and other digital currencies dropped significantly on Monday.

In early morning trading, Bitcoin fell below $86,000, marking a 6% decline.

Ether, another major cryptocurrency, dropped 7%, trading at $2,800.

Bitcoin lost 16% of its value in November after reaching a record high of $126,000 (£109,000) in October.


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