Bitcoin has lost more than half its value in 2022. Now hovering around $23,000, the price of a single bitcoin has plunged more than 65% below last year’s all-time high of nearly $70,000. The value of all cryptos has tumbled from about $2.2 trillion at the end of 2021 to a little more than $1 trillion currently.
Bitcoin, the world’s biggest crypto, makes up about 42% of the total market, but 2022 has been just as terrible for the owners of other crypto-related assets such as Coinbase. The…
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