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Bitcoin extended its tumble on Monday, and has now fallen by half from its record high.
The cryptocurrency has declined for six out of the last seven days, retreating 10% on Monday, compared to its level at 5 p.m. on Friday. It fell below $33,000, its lowest level since July, before trading around $34,200, according to data from CoinDesk. Bitcoin’s record high was reached on Nov. 8 at $68,990.90.