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Goldman Sachs warns of crypto slump to zero

No. 1 cryptocurrency rallies while the investment bank warns most of them could fall much further

Goldman Sachs warns of crypto slump to zero

Bitcoin rose Wednesday, clambering back above $8,000 just one day after the No. 1 cryptocurrency briefly dipped under $6,000, MarketWatch reports.

The price of a single bitcoin was recently up by 7% to $8,275, according to CoinDesk data. It has climbed as high as $8,583 intraday, but remains far below its December peak above $19,000.

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