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In 2018, cryptocurrency was all the rage. Bitcoin reached a new height, new cryptocurrency offerings were pulling in millions of dollars, and it seemed like every coin was on its way up. It was a magical and fun time until some of the big dogs decided to offload a whole lot of bitcoin.
The market crashed, bitcoin prices fell, and so did all the other cryptocurrencies. Some of them took longer than others, but on the whole, they fell and they fell hard. They fell so hard than in communist China, cryptocurrency exchanges were outlawed. Cryptocurrency wasn’t over, but the fevered excitement that surrounded it was.