Bitcoin Falls Below $44,000 as Global Selloff Hits Crypto Market

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Bitcoin and other cryptocurrencies slumped Monday amid a global selloff in risk-assets, triggered by the mounting problems at embattled property giant China Evergrande Group.

Bitcoin, the world’s largest cryptocurrency, was off 8% early Monday to $43,800. It dropped to as low as $42,527 over the past 24 hours.

Ethereum, the second-largest…

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