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Crypto crash: market volatility is testing investor will but crypto-enthusiasts still see a future for the asset class

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theconversation.com

Bitcoin, the original cryptocurrency, remains a bellweather for the sector. It hit an all-time high of more than US$68,000 (£55,600) in November 2021, when the overall value of the cryptocurrency market was close to US$3 trillion.

In the months since, however, most major cryptocurrencies have fallen by more 70% and bitcoin itself has dropped below US$18,000.

Is this just another crash in the volatile cryptocurrency market, or is this the beginning of the end for this alternative asset class?

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