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Crypto-market infrastructure creaks amid volatility test

Crypto-market infrastructure creaks amid volatility test

Thursday, March 19, 2020, 4:42 PM

As worries over the economic hit from the coronavirus outbreak spread from stocks, oil and bonds to cryptocurrencies late last week, bitcoin crashed to its worst day in seven years. But plummeting prices weren't the only problem for investors. Bitcoin prices collapsed nearly 40% on March 12, the biggest one-day drop since spring 2013, before jumping 16% a day later.
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