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Bitcoin's big wipeout erases US$44b of value in January

Published Thu, Feb 1, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Hong Kong

BITCOIN is proving that cryptocurrencies can erase wealth as fast as they create it.

Its January slide knocked US$44.2 billion off the US$200 billion in market value generated in all of last year, the biggest one-month loss in dollar terms in the short history of digital assets.

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