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The stock market in general has also taken a hit, starting in December but hitting the “all-time low” since that month these past few days.
Prepare for the economic crisis. We avoided it in 2020 because of covid, but you can’t delay it forever.
And this is going to be a big one. Likely the biggest in a century.
On the other hand, Bitcoin is very volatile, and had a similar crash just half a year ago.