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Bitcoin headed for second-largest monthly drop on record

Bitcoin was trading near $36,426 at 14:28 GMT on Monday, with losses for May totaling almost 37.5%. It is just short of the record 40% slide in September 2011, according to Bitstamp data.  In a major selloff, the cryptocurrency nosedived to around $31,227 on May 24 – over a 50% …

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