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Bitcoin value drops after US crackdown

Virtual currency's value falls sharply after authorities shut down website that used it for trading illegal goods.

Last Modified: 04 Oct 2013 11:46
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The value of the virtual currency Bitcoin has fallen sharply after US authorities shut down an underground website that used it for trading illegal goods.

Bitcoin is difficult to trace, and its alleged association with criminal transactions has led to questions about its future.

Al Jazeera's Rob Reynolds reports from the US city of San Francisco.

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Al Jazeera
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