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Bitcoin slips to $74,000
Bitcoin fell 1.9% on Monday to $74,392, extending its decline amid fears of tighter regulatory oversight after Democrats won a majority of seats in Congress and amid the possibility that Senator Elizabeth Warren could become chair of the Senate Banking Committee. Bitcoin exchange-traded funds saw $1.28 billion in outflows last week, their worst performance since late June. Ether fell 5.2%, XRP dropped 6.4%, and other altcoins also declined.
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