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UPDATE 1-Bitcoin recoups some losses in Asia after plunging on Chinese crackdown

Bitcoin recoups some losses in Asia after plunging on Chinese crackdown

(Adds dollar signs in 2nd paragraph, dropped word to quote in 6th paragraph) HONG KONG (Reuters) – Bitcoin regained some ground on Tuesday, a day after touching a two-week low after China’s central bank reaffirmed a crackdown on cryptocurrencies and restricted trading channels for Chinese residents.