Bitcoin's rally this year has hit a speed bump, putting it on track for the worst weekly slide in almost a year amid wider losses in risk assets.
The largest cryptocurrency slumped as much as 20% this week, the most since March, and was holding at about $46,925 as of 10:22 a.m. in Hong Kong. The wider Bloomberg Galaxy Crypto Index, tracking Bitcoin, Ether and three other cryptocurrencies, is down 22% this week.
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