What does the collapse in crypto currencies mean? In the last couple of weeks the whole market, including Bitcoin, is down around 30% with Bitcoin itself falling as much as 35% at one point. Some coins are down 50%+
Some recovery has taken place, but the market as a whole has shrunk from over $100billion to just over $70billion. Is that it? Are we on a permanent downtrend? Have the public seen ( or think they have seen) the Emperor with no clothes?
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