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Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety

Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies.

Cleaner sweeping the floor after the Wall Street stock market crash of 1929. Source: Wikimedia Commons
Cleaner sweeping the floor after the Wall Street stock market crash of 1929. Source: Wikimedia Commons