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The crypto winter gets colder: more job losses, warnings of Bitcoin falling to $5,000 next year

The world’s most popular crypto has been on a downward trajectory since it hit that near-$69,000 high back in November 2021. The industry was rocked following the collapse of TerraUSD in May, and the recent implosion of exchange FTX sent seismic shockwaves throughout marketplaces.

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