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Bitcoin Plunges Most in 2 Months, Dashing Recovery Hopes

The leading cryptocurrency by market cap tumbles in sync with traditional markets after Germany reports record producer price inflation at 37%.

Updated May 11, 2023, 6:40 p.m. Published Aug 19, 2022, 7:32 a.m.
Bitcoin has dropped back to a level not seen since the end of July. (Shutterstock)
Bitcoin has dropped back to a level not seen since the end of July. (Shutterstock)