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Bangkok Post
Bangkok Post
Business

Trying to determine if the crypto winter is ending

Crypto Bitcoin Cryptocurrency United States

In late 2022 the cryptocurrency market crashed after a heady period of successive highs. The value of Bitcoin dropped 63%, the overall cryptocurrency market lost $1.63 trillion in value, and thousands of small altcoins were pretty much wiped from existence.

To make matters worse, once-celebrated crypto giants including Blockfi, Celsius, FTX and Voyager collapsed after filing for bankruptcy.

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