, Columnist
Bitcoin's Crash Looks Spookily Familiar
There are similarities between this week's crypto and markets routs.
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Bitcoin has been a plaything for risk-hungry traders and punters rather than a widely held investment or real-world currency. It's been shunned by banks and banned by governments.
Yet it's still possible that its slide on Monday made the broader market selloff worse, as investors sold assets to compensate for crypto-losses. Marginal as this may be, and you can't be certain of correlation with something as unstable as digital currencies, it's a link that's at least worth exploring.