Cryptocurrency Markets Crash Significantly

All major cryptocurrencies have experienced large drops in price today. Most are down by 20% or more in the past 24hrs. Some, such as Bitcoin Cash and Litecoin have seen their price cut in half in the past week. Possible reasons for the large price declines are China’s crackdown on cryptocurrencies and comments made by JPMorgan CEO Jamie Dimon that Bitcoin is a fraud that will eventually blow up.

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