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El Salvador’s Big Bitcoin Gamble Backfires to Deepen Debt Woes

  • Latest bout of crypto winter hits nation’s Bitcoin investment
  • Dollar bonds trade near all-time lows as losses fuel risks
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Bitcoin Bear Market Enters ‘Deepest and Darkest’ Phase

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An epic rout that has wiped out about two-thirds of Bitcoin’s value is exacerbating the debt crisis in the world’s most crypto-friendly country.