Crypto is totally dead lately—if you’re only looking at the price action.
Yes, Bitcoin is down 72% from its all-time-high price in November 2021, almost one full year ago. Ethereum is down the same, 72% from its own high of $4,878. Woof.
Crypto advocates point out that it’s not just crypto, stocks have been hammered too. And they’re right: everything is down right now. But that’s cold comfort for crypto believers, who—I’ll let you in on a little crypto media trade secret—do not care to…
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