Bitcoin has lost half its value since hitting record high in Nov

Bitcoin's decline from its peak has wiped out more than $600 bn in market value, and over $1 trn has been lost from the aggregate crypto market

Photo: Bloomberg

Photo: Bloomberg

Bitcoin extended its decline on Saturday, and has shed more than 50% from its record high in November while adding further momentum to the meltdown in cryptocurrencies.

“Margin positions being liquidated

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First Published: Jan 22 2022 | 5:44 PM IST

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