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Cryptocurrency prices today plunge. Bitcoin below $49,000; ether, dogecoin, Shiba Inu also fall
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Bitcoin prices today continued the declining trend by slipping below the $49,000 level with losses accelerating after it failed to sustain the positive momentum seen following this past weekend’s flash crash. The world's largest and most popular cryptocurrency was trading more than 3% lower at $48,367.
Bitcoin, famed for its volatility, has shed more than $21,000 since hitting a record in early November, but it’s still up more than 67% this year (year-to-date or YTD) so far.
Ether, the coin linked to ethereum blockchain and the second largest cryptocurrency, also plummeted over 6% to $4,150. Dogecoin prices declined more than 4% to $0.17 whereas Shiba Inu fell 5% to $0.000035. Other digital tokens such as Cardano, Solana, Binance Coin,
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