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Bitcoin price: Cryptocurrency investors lose this massive amount in December
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Bitcoin price today swung between gains and losses Wednesday amid a monthly slump that puts it on pace for its worst decline since May. The volatile token was up 0.6% to trade around $47,800 at 10:14 a.m. Wednesday in New York, following a near 7% drop the prior session. It has retreated some 16% this month, while the wider crypto universe has shed more than $300 billion of market value over the period, according to tracker CoinGecko.
Demand for the most speculative investments has waned as 2021
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08.01 / 22:11
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Pudgy Penguins NFTs infighting turns nasty as cryptocurrency mania ebbs
The infighting is getting ugly among the Pudgy Penguins virtual community as one of the most successful non-fungible token projects gets swept up in the collapse in cryptocurrency prices. Community dissatisfaction with the speed at which the founding team was developing the project come to a head in recent days with owners of the virtual collectibles seeking their ouster. That’s a far cry from July, when the cherubic-like cartoon creatures became an overnight sensation and were snapped up by buyers worldwide.
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