Crypto Crash Intensifies As Losses Eclipse $1.3 Trillion Just Two Weeks After Market’s All-Time High

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The world's largest cryptocurrencies have crashed as much as 50% from all-time highs earlier this month.

in April after blackouts in the nation led to massive declines in bitcoin's mining rates. The company, which is one of the world’s largest crypto-exchanges by volume, also said it would stop providing certain investment products to new users in a slew of other countries"due to recent dynamic changes in the market" and"in order to protect the interests of investors.""Crypto has been a casualty of the changing tide in and out of speculation.

Regulatory concerns have rocked the nascent crypto market before. Despite rising more than 10-fold in 2017, the combined value of the world's cryptocurrencies crashed more than 80% within months after countries like South Korea started cracking down on then-booming initial coin offerings, which minted new tokens and fueled an investor mania not unlike the recent surge in.

 

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There would be no losses if everyone just held...smh

I like what you did here . 1.3T trigger Visual trigger of bitcoin. You know people are lazy.

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