How over 1 trillion dollars in crypto disappeared in just six months

Traders’ flight away from risky investments halved the price of bitcoin and other cryptocurrencieswiped out more than $1 trillion worth of digital currency since November.

Wild volatility is fairly common with cryptocurrencies, but even seasoned investors were left reeling as bitcoin dropped 29% in a 7-day drop that just ended as a stablecoin — a part of the crypto world tout its stabilitydropped unexpectedly.

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