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Fortune (January 16)

2018/ 01/ 17 by jd in Global News

“Bitcoin and other digital currencies have always been volatile, so a big daily drop is not unusual. That said, Tuesday was a particularly ugly day for crypto investors as every major currency fell by anywhere from 15% to 28%. A back-of-the-envelope calculation by Fortune shows that the top 10 currencies had collectively lost $108 billion in 24 hours as of 3 pm ET on Tuesday.”