Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It

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Bitcoin’s Plunge Exposes Idea of Uncorrelated Asset as ‘Big Lie’

(Bloomberg) — A selloff in cryptocurrencies resumed Monday, with Bitcoin dropping back below $30,000 with global equity markets remaining under pressure. Most Read from BloombergMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionOmicron Is Turning Out to Be a Weak VaccineU.S. Stocks Extend Losses in Late Session Selloff: Markets WrapGoldman’s Blankfein Says US at ‘Very, Very High Risk’ of RecessionMusk Says Twitter Deal at Lower Price Is ‘Not Out of the Question’The largest

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