Bitcoin Loses 18% This Week on Global Economic Woes: Your Weekly Crypto Recap

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It has been one hell of a week and I don’t mean that figuratively. The cryptocurrency markets shed almost half a trillion dollar as Bitcoin’s price tumbled below $80,000 and the majority of altcoins had it even worse. First things first, Bitcoin is down by around 18% in the past seven days – a terrible performance that we hadn’t seen in a while. In essence, the cryptocurrency erased all of the gains that were made following Donald Trump’s presidential election and we are pretty much back to the ...