‘Worst-Case Scenario’—Crypto Suddenly Braced For Massive $1 Trillion Bitcoin Price Crash
Bitcoin has fallen sharply after U.S. president Donald Trump revealed former Federal Reserve governor Kevin Warsh as his Fed chair nominee, ending months of wild speculation.
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The bitcoin price, which has plummeted to nearly $80,000 per bitcoin from its peak of $126,000 in October, is battling to save its reputation as digital gold.
Now, as traders await what could be an even bigger bitcoin price shock, the market is braced for a 40% bitcoin price crash that would see $1 trillion wiped from the combined crypto market.
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