Bitcoin prices extended their recent decline late Thursday, falling for the seventh day in nine, to as low as $50,450.
The largest cryptocurrency was changing hands around $51,800 as of 21:23 coordinated universal time (5:23 p.m. ET).
Bitcoin (BTC) is down 9.8% since Sunday, the biggest drop on the weekly price charts since late February.
Related: Bitcoin’s Drop From Biden’s Proposed Tax Hikes Not Likely to Last, BCB CEO Says
A recent rally in prices for ether (ETH) and other alternative…
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