Bitcoin, ethereum, Ripple’s XRP, bitcoin cash, litecoin and chainlink—the biggest cryptocurrencies by market value—have fallen sharply after rocketing higher through November.
The bitcoin price lost $3,000 in a matter of hours yesterday, dropping over 10% from near its all-time highs of almost $20,000 per bitcoin—while ethereum, Ripple’s XRP, chainlink, bitcoin cash and litecoin, all saw similar retractions.
The sudden sell-off wiped around $50 billion from the value of the world’s…
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