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U.S. dollar slipped, while the Japanese yen hovered near a two-month low on Wednesday as investors digested the latest trade news.
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Bitcoin traded 3.6% lower to $6,249.9 at 12:20AM ET (04:20 GMT) on the Bitifinex exchange.
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Bitcoin and other cryptocurrency prices fell on Tuesday, with Ethereum and Litecoin down more than 11%. Ripple hinted that its cryptocurrency product xRapid would go live “in the next month or so.”