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Bitcoin sees sharp plunge amid uncertainty with crypto bank Silvergate

By Zach Halaschak
Published March 3, 2023 4:13pm ET
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Bitcoin sees sharp plunge amid uncertainty with crypto bank Silvergate
A coin representing Bitcoin cryptocurrency in the U.K. | (Luke MacGregor/Bloomberg)

Bitcoin dropped quickly on Friday after speculators began to doubt the health of a major crypto firm, with the flagship cryptocurrency falling by about 5%.

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