Bitcoin Is in the Dumps, Spreading Gloom Over Crypto World

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Bitcoin Is in the Dumps, Spreading Gloom Over Crypto World
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Signs of the crypto winter are everywhere, marking a sharp reversal since the manic highs of 2017

Bitcoin is in the longest slump of its 10-year history. That is forcing even its most ardent supporters to shelve dreams of global disruption and focus on simply tightening their belts long enough to outlast the downturn.

. The price of bitcoin is about $4,000, down about 80% from a trading peak of about $19,800 in December 2017. The total market value of all cryptocurrencies outstanding is down 85% from its peak in January 2018....

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