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The financial bubble that exploded in 2018: Bitcoin fell more than 70%



Most of the top 20 cryptocurrency registered moderate losses in 2018, while some others benefited. But the price Bitcoin suffers from a real collapse throughout the year, with a loss of value greater than 70%, from the end to the end of 2018.

This Monday, it operates around USD 3,800 again, after starting January above $ 13,000.

After starting in 2018 at a price of USD 13,444, the downward trend in cryptocurrency has not stopped within 12 months, to be operated in the last round of this year around USD 3,800 and a price decline of 71.4% since the end of last year.

that capitalization the combined market value of all cryptocurrency is currently equivalent to USD 130,000 million.

that value erosion cryptocurrency affects the entire industry.

Producer of graphics processing unit (GPU) Nvidia facing a class action lawsuit for reported losses after the fall of the cryptocurrency market, which reduced GPU demand by miners, according to the report CoinTelegraph.

After the fall of mining, the share price of PT Nvidia lost 54% of its value and it becomes worst of the results of the S & P 500 from Wall Street.

As well, Bitmain, the main producer of ASIC for mining, plans dismiss more than 500 employees and end your mining operation, because Chinese media reported that the company's CEO would resign.


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