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$130 Billion Wiped Off Crypto Markets in 24 Hours
The cryptocurrency market had around $130 billion wiped off its value over the last 24 hours as major digital coins continued their multi-day sell-off. From a report: Bitcoin was last down around 4% at $33,755.57, according to Coin Metrics, while Ether plunged 7% to $2,239.08. Earlier in the morning both fell to their lowest points since July and are each about 50% off their all-tim ... ⌘ Read more
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@tamer@twtxt.net for those (I call them fools, but that doesn’t sound nice, doesn’t it?) who will want it, regardless of their price, having a limited cap would increase the value of the currency. That is a problem, because its intrinsic value is nothing, it always refers to a hard currency.