Crypto’s worst week since bubble burst take losses near $1 trillion

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The great cryptocurrency crash of 2018 is heading for its worst week yet.
Bitcoin slipped closer to $US4,000 and most of its peers tumbled on Friday, extending the Bloomberg Galaxy Crypto Index’s decline since November 16 to 24 per cent. That’s the worst weekly slump since crypto-mania peaked in early January.
After an epic rally last year that exceeded many of history’s most notorious bubbles, cryptocurrencies have become mired in a nearly $US700 billion ($968 billion) rout…

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