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10.05 / 10:03
UPS Bitcoin Price Washout Is Leaving Mom-and-Pop Buyers Holding the Bag
There’s a crypto refrain when prices crash precipitously like this: The selloff is washing out the short term-focused non-believers, known as weak hands, strengthening the industry in its wake. It’s a glib way to think of all those who had joined the market as Bitcoin price rose to an all-time high at the end of last year -- including institutions and small-time at-home investors, many of whom are deeply underwater on their investments now.
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