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Tag Archives: cryptocurrency crash 2017

Bitcoin hits $5,000 and the Chinese Government bans ICOs sending the market into a freefall, are we witnessing a cryptocurrency crash?

Cryptocurrency crash

Bitcoin hit a major milestone on Friday. The cryptocurrency finally surpassed $5,000 in value. This coincided with an announcement from China that ICO’s are now illegal. These two factors then prompted a massive market selloff that bought the value of every major cryptocurrency tumbling down. The market shows no signs …

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