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Bitcoin is cratering, again. What investors should keep in mind
Bitcoin’s trademark volatility is again rearing its head, showing investors the risk they’re signing up for when they put money into the cryptocurrency. The digital coin cratered as much as 10% on Monday, amid a global market decline. Bitcoin was last down nearly 8%, hovering around a price of $43,800 per coin, according to data from Coin Metrics. The rest of the cryptocurrency market was also in a slump, with ether down more than 9% to about $3,046 per coin. The extreme swings up and down are relatively common for cryptocurrencies, and investors can expect them to continue in the future. “The only thing I can ... (full story)
