Nearly Every Major Cryptocurrency is Down at Least 90% from its Peak

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Altcoins Preserve Bearish Sentiment as Rally Fizzles Out

Earlier this 12 months, in February, Tom Lee — co-founder of Fundstrat Global Advisors, the primary Wall Street technique agency to embrace bitcoin — opined that the crypto market had turned a nook and would see new highs in July. Nine months and a number of other year-end worth goal reductions later, cryptocurrency belongings stay firmly within the purple.

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