Bitcoin faced a strong correction on Thursday from its $10,900 daily high. The leading cryptocurrency currently trades for $10,400, reaching session lows. Altcoins have dropped even further, acting as high-beta plays on Bitcoin. The drop comes in the face of news from BitMEX, which indicates that the exchange is being charged by the CFTC for derivative and AML violations. Many say that this could be a long-term bear trend for Bitcoin as it shows that
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