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It's the second dramatic price move for the cryptocurrency in as many days.
Citigroup is looking to staff up a unit of the bank looking at money laundering risk. Two job ads describe a bitcoin certification as a plus.
It is requesting information from 13 exchanges about the use of bots, outages, consumer protections, and other issues.
The news comes as Japanese regulators ramp up oversight over the country's crypto exchanges.
Tax Day is hanging over US investors, and it might be one reason behind bitcoin's latest sell-off.
This hasn't been an easy year for cryptocurrency enthusiasts.
Barclays says the crypto craze spread much like an epidemiologist would expect a virus to propagate.
Both countries separately issued stark warnings for banks against cryptocurrencies.
A firm founded by descendants of John D Rockefeller is diving into the crypto market.
The billionaire investment manager reportedly wants to begin trading cryptocurrencies at his $26 billion firm.