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Bitcoin’s Big Shift: A Data-Driven Analysis of the May 2021 Crypto Crash

Over the last two weeks crypto was hit by a double tsunami of negative news. First, Elon Musk kicked things off by announcing Tesla would no longer be accepting bitcoin (BTC) payments and adding critical Tweets about Bitcoin’s energy usage. Then an even bigger tidal wave hit: news that China is cracking down on Bitcoin miners and traders.
The post Bitcoin’s Big Shift: A Data-Driven Analysis of the May 2021 Crypto Crash appeared first on Coin Metrics .

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