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Crashing Bitcoin

The cryptocurrency dropped as low as $29,548 on Tuesday morning, according to CoinMarketCap’s price index, down from an all-time high above $64,000 in mid April. Other leading cryptocurrencies also suffered big price falls, including Ethereum .The exact reason for the collapse is unclear but it coincides with a similar downturn in the global stock market amid concerns that the resurgence of Covid-19 cases could stall the economic recovery. Why do you think the crypto keeps on crashing ?

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