Bitcoin fell by nearly 7% on Friday, dropping below the $70,000 mark for the first time this fall, according to trading data.

On Binance, the world’s largest cryptocurrency exchange in terms of trading volume, bitcoin was down 6.74% over the past 24 hours as of 04:12 GMT, trading at $68,868.39. This marks the first time the price has fallen below the $70,000 mark since August 20.

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© Sputnik / Evgeny BiyatovSouvenir coin with the logo of the cryptocurrency bitcoin

MOSCOW (Sputnik) - Bitcoin fell by nearly 7% on Friday, dropping below the $70,000 mark for the first time this fall, according to trading data.

On Binance, the world’s largest cryptocurrency exchange in terms of trading volume, bitcoin was down 6.74% over the past 24 hours as of 04:12 GMT, trading at $68,868.39.

This marks the first time the price has fallen below the $70,000 mark since August 20.

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