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Crypto Prices Stabilize After Slide

By
Hannah Miller
· · Source: The Information

Cryptocurrency prices stabilized following their high-profile slump Wednesday, with bitcoin hovering at around $40,000. Bitcoin has fallen about 30% in the past month, and even more since it hit a high of about $65,000 in mid-April. Wednesday’s frenzy initially appeared to overwhelm the industry’s trading infrastructure, with several exchanges going offline temporarily. But crypto evangelists...

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