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Cryptocurrencies shed $100B in market value over 48 hours

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The total market value of all cryptocurrencies dropped by more than $100 billion in the last two days.

A sell-off of the digital currency came after bitcoin, the world's most valuable cryptocurrency, hit a record high earlier this month.

The price of bitcoin was down 6% on Thursday to as low as $32,527.

Read more from CNBC.

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