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Bitcoin dives below $12,000 to six-week low

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The value of bitcoin dropped to a six-week low on Tuesday over fears of a crackdown on the cryptocurrency market in China.

The drop put bitcoin below $12,000 for the first time since Dec. 5. It was trading at $11,183 early this morning.

Other cryptocurrencies, including Ethereum and Ripple, also were down significantly.

Read more from CNBC.

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