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Warning! Bitcoin Crashing - Here's WhyWhy Did Crypto Crash? Record-high inflation, fear, rising interest rates and a loss of confidence in crypto investments all contributed to the crypto crash. Cryptocurrency News: Crypto prices and related stocks rallied early Friday as bitcoin surged above $47, to its highest level in more than two years. With its recent price declines, Bitcoin is down nearly 9% in the first month of And its current price around $38, is more than 44%.
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