EDITORIAL: Crypto calamity, again
Admirers will point to long-term gains but naysayers will be out in force
08 August 2024 - 05:00
Let’s hope the recent scary shifts in the cryptocurrency market do not signal a wider collapse. At the time of writing, the Nikkei had tumbled hard and the tech-heavy Nasdaq was buckling.
In the past few days, the mainstay cryptocurrencies have taken an absolute hammering. At the time of writing, bitcoin had shed over 20% since July 29 and ethereum more than 25%...
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