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The Wall Street Journal: Bitcoin slides below $2,000 as cryptocurrency selloff continues

The price of the digital currency bitcoin fell over the weekend, dropping below $2,000 and farther away from its June highs, part of a broad selloff in dozens of cryptocurrencies, including ether.

Bitcoin on Sunday traded as low as $1,836, according to news and research site CoinDesk, down about 8% on the day, and almost 40% from its high of $3,018 on June 11. Meanwhile, ether, the currency used on the Ethereum network, traded as low as $155 on Sunday, down about 60% from its high of $395 on June 13.

Prices were lower across the board on Sunday, most notably for the tokens created via the so-called initial coin offering, or ICO, process.

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