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Bitcoin falls below $5,000; Hits fresh 13-month low

Bitcoin slipped below $5,000 for the first time this year tanking to fresh 13-month low on the Bitstamp platform, on 19 Nov.

The descend was led by huge sell-off in cryptocurrencies, that began last week and continues to gather momentum.

The cryptocurrency is presently trading around $4,848.

According to analysts the sell-off is sentiment driven after fears over Bitcoin split up into two different currencies.

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