Bitcoin Sets New Low Below $6K

Bitcoin lost ground Friday morning to fall below $6,000 and the top cryptocurrency hit a new low for the year thus far on weaker volumes amid rising concerns over stricter regulation for the nascent market across the world. The leading cryptocurrency, Bitcoin, hit a low of $5,774.72 on teh crypto exchange BitStamp, which was the lowest level since November 12 last year, when it sunk to $5555.55.

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