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Bitcoin, crypto prices slip as investors step back from risky stakes amid Fed moves

Apart from a brief selloff in January, bitcoin’s price hasn’t been this low since last July

Cryptocurrency prices slid on the afternoon of 5 May along with major stock market indexes.

Bitcoin fell to $36,431.57 at 5 pm. ET, down 8.4% from 4 May, according to Dow Jones Market Data. Ethereum fell 6.4% to $2,754.37.

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