A harsh reality check for Bitcoin and Altcoins

Today's trading has been rough so far for cryptocurrencies in general From Coinbase's GDAX exchange, Bitcoin touched a low of $12,712.00 - a drop of over 36% compared to the highs posted last week at $19,891.99. While 36% may sound a bit steep, in value terms that's a whopping $7,180 to put things into perspective.
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