This has been the worst week for cryptocurrency since the bubble burst, with losses now at $700 billion

The great cryptocurrency crash of 2018 is heading for its worst week yet.
Bitcoin slipped closer to US$4,000 and most of its peers tumbled on Friday, extending the Bloomberg Galaxy Crypto Index’s decline since Nov. 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 US$700 billion rout that shows few signs of abating. Many o…

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