What is cryptocurrency? Future of crypto after fall of bitcoin prices

Alex P. Kellogg

Over the past year, cryptocurrencies soared in popularity as superstar endorsers told would-be investors they didn’t want to miss the crypto train.

But by June, bitcoin had shed roughly 70% of its value from its all-time peak of $69,000 last November, and several so-called stable coins whose value was pegged to the dollar were worth a fraction of their advertised value.

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