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Why Bitcoin’s Value Has Dropped By $50 Billion

Sometimes known as ‘the king of cryptocurrency’, Bitcoin entered the market back in 2009 and has remained the world’s biggest (and most expensive) crypto ever since. But investor confidence was shaken sharply last week when the combined value of Bitcoin, Ethereum, Litecoin, Ripple XRP, and Chainlink crashed by a staggering $50 billion.

The cryptocurrency market is incredibly volatile, so this level
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