Bitcoin nosedived – but don’t panic: It's not that bad

The wood beneath bitcoin as it shuffles across a financial trapdoor has spent 24 hours creaking and splintering. Panic began to spread among some investors yesterday when a sudden drop off from a steady $3,410 plunged vertically to $3,360 and the haunting cries of “CAPITULATION!” began ringing around the crypto community. Bitcoin wasn’t alone in the sudden nosedive.

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