Bitcoin plunges 7%, then bounces back, after report of Twitter ad ban

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The plunge was apparently precipitated by a report by the U.K.'s Sky News that Twitter Inc. TWTR, -0.61% would ban cryptocurrency ads in the coming weeks. That would follow similar recent bans by Facebook Inc. FB, +0.67% and Alphabet Inc.'s GOOGL, -1.41% Google. Twitter had no comment …

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