Bitcoin Wipeouts Have Been Frequent. While Bitcoin (BTC), along with the entire Cryptocurrency Sector, has suffered massive declines this year, large drawdowns have occurred regularly (https://www.ccn.com/bitcoin-crash-the-history-of-bubble-bursts/). At its current price of $4500, BTC has lost 82% from its peak last December. Other large capitalization Cryptocurrencies have suffered similar fates. Ethereum (ETH) has lost 91%, […]
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