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Bitcoin Drops Below $70,000 as Silver's Hit With Fresh Selloff

Bitcoin tumbled well below $70,000 as the unwinding of leveraged bets and broader market turbulence deepened a selloff that's hammered cryptocurrencies over the past three weeks. and  Silver fell sharply, wiping out its two-day recovery as the white metal struggled to find a floor following a historic market rout. Bloomberg's Mike McGlone joins to discuss. (Source: Bloomberg)