TOKYO (Reuters): Bitcoin recovered marginally on Thursday (May 20) from the previous session's brutal slide to four-month lows but was weighed down by concerns over tighter regulation in China and unease over massive leveraged positions in the cryptocurrency world.
Bitcoin, the biggest and most popular cryptocurrency, rose 8.75% to touch $40,000, albeit briefly, after plunging 14% on Wednesday to its lowest since late January.
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