HONG KONG (AFP): Asian markets fell Wednesday (May 19) as investors struggled to break out of a long-running cycle of volatility, with optimism over the economic recovery playing off against fears about inflation, while oil prices extended their losses on reports of a possible breakthrough in the Iran nuclear talks.
Bitcoin was also taking another beating after China's central bank said cryptocurrencies cannot be used for payments, adding to the unit's woes after recent comments from tycoon Elon Musk and Tesla.
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