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Bitcoin Drops to a One-Month Low in Broad Crypto Market Selloff

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Bitcoin slid to a one-month low as outflows from digital-asset investment products and the prospect of higher-for-longer US borrowing costs sapped the cryptocurrency market.

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Foreign investment in China drops for fourth month in AprilForeign investment into China slowed for a fourth straight month in April, underscoring Beijing’s struggle to attract more overseas funds to boost its flagging economic growth.
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