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Cryptocurrency rally derailed by DOJ report on Tether investigation
Bitcoin looked set to rebound to $70,000, but a WSJ article about a criminal investigation into the stablecoin issuer sent prices tumbling.
Cryptocurrency prices retreated from initial gains and were generally lower in the U.S. on Friday afternoon after a Wall Street Journal report that the U.S. is investigating stablecoin issuer Tether for violating sanctions and anti-money laundering rules.
