Published: May 24, 2018 5:04 a.m. ET The U.S. Department of Justice has opened a criminal investigation into whether traders are manipulating the price of bitcoin and other cryptocurrencies, said a Bloomberg report on Thursday citing unnamed sources. Investigators are focused on illegal moves that can affect prices, such as spoofing, which refers to flooding a market with fake orders.

Bitcoin

BTCUSD, -0.88%

recently was changing hands around $7,388, after falling sharply Wednesday. Read more from marketwatch.com…

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