Wall Street

Bitcoin Drops to $20,000 as Crypto Crash Continues

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The Street

By Luc Olinga The crypto market is now worth less than $950 billion compared to $3 trillion in November. When is it going to stop? The descent into hell or the return to earth of cryptocurrencies unfortunately continues for many investors who continue to see the value of their portfolio melt. Bitcoin, the most popular digital currency, was down almost 10% to $20,737.24 in the past 24 hours, according to data from CoinGecko. The fall is almost 34% in the last 7 days. Prices are now at their lowest since December 2020. Given the general downward trend and the very volatility that characterizes t…

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