Bitcoin, Ethereum & Co: The Crypto Crash – Economy

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Herbert Fromme

Panic can sometimes be read from a single line. Or several, all pointing in the same direction. On Saturday, for example, on the price charts of many cryptocurrencies: Bitcoin, Ethereum, Cardano, Ripple – everywhere it went down again steeply. Bitcoin plummeted well below the $20,000 mark, losing nearly two-thirds of its value in six months. Prices stabilized somewhat on Sunday, but many investors suffered enormous losses.

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