NEW YORK (Reuters) - Crushing asset sell-offs ranging from bitcoin to precious metals and European stocks accompanied Wall Street’s slide into bear market territory on Thursday, as investors liquidated positions across their portfolios to raise cash.
Bitcoin BTC=BTSP dropped 26%, marking its largest fall in seven years, as fears of the coronavirus' economic impact unnerved investors. Palladium and platinum - precious metals that are key components of auto exhaust systems - posted their biggest declines since the 1980s as they fell 20.4% and 11.1%, respectively.


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